Deccan Transcon Leasing (NSE:DECCANTRAN) Cash And Cash Equivalents : ₹31 Mil (As of Mar. 2024)

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What is Deccan Transcon Leasing Cash And Cash Equivalents?

Deccan Transcon Leasing's quarterly cash and cash equivalents increased from Mar. 2022 (₹10.76 Mil) to Mar. 2023 (₹35.10 Mil) but then stayed the same from Mar. 2023 (₹35.10 Mil) to Mar. 2024 (₹30.63 Mil).

Deccan Transcon Leasing's annual cash and cash equivalents increased from Mar. 2022 (₹10.76 Mil) to Mar. 2023 (₹35.10 Mil) but then declined from Mar. 2023 (₹35.10 Mil) to Mar. 2024 (₹30.63 Mil).

Deccan Transcon Leasing Cash And Cash Equivalents Historical Data

The historical data trend for Deccan Transcon Leasing'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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Deccan Transcon Leasing Cash And Cash Equivalents Chart

Deccan Transcon Leasing Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

5.42

10.76

35.10

30.63

Deccan Transcon Leasing Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Cash And Cash Equivalents	5.42	10.76	35.10	30.63

Deccan Transcon Leasing 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.

Deccan Transcon Leasing (NSE:DECCANTRAN) 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.

Deccan Transcon Leasing Cash And Cash Equivalents Related Terms

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Deccan Transcon Leasing Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Deccan Transcon Leasing Ltd (NSE:DECCANTRAN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Image Garden Road, Suite No 507, 5th floor, Image Capital Park, Madhapur, Shaikpet, Hyderabad, TG, IND, 500081

Website

https://www.deccantrans.com

Deccan Transcon Leasing Ltd is engaged in end-to-end solutions for freight & shipping services which include domestic logistic of tank containers, Tank fleet management solution, custom clearance and transportation, Non-Vessel Operating Common Carriers (NVOCC) services. It is mainly engaged in providing tank containers on lease and logistic & supply chain solutions to clients in various sectors and specializes in the transportation of bulk liquids and hazardous chemicals, utilizing tank containers as a mode of transport.

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