Arabian Petroleum (NSE:ARABIAN) Cash And Cash Equivalents : ₹41 Mil (As of Mar. 2024)

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What is Arabian Petroleum Cash And Cash Equivalents?

Arabian Petroleum's quarterly cash and cash equivalents increased from Mar. 2022 (₹2.26 Mil) to Mar. 2023 (₹6.44 Mil) and increased from Mar. 2023 (₹6.44 Mil) to Mar. 2024 (₹40.85 Mil).

Arabian Petroleum's annual cash and cash equivalents increased from Mar. 2022 (₹2.26 Mil) to Mar. 2023 (₹6.44 Mil) and increased from Mar. 2023 (₹6.44 Mil) to Mar. 2024 (₹40.85 Mil).

Arabian Petroleum Cash And Cash Equivalents Historical Data

The historical data trend for Arabian Petroleum's Cash And Cash Equivalents can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Arabian Petroleum Cash And Cash Equivalents Chart

Arabian Petroleum Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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9.45

1.71

2.26

6.44

40.85

Arabian Petroleum Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial			9.45	1.71	2.26	6.44	40.85

Arabian Petroleum Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Arabian Petroleum (NSE:ARABIAN) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Arabian Petroleum Cash And Cash Equivalents Related Terms

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Arabian Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505

Website

https://www.arabianpetroleum.co.in

Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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