De Neers Tools (NSE:DENEERS) Cash And Cash Equivalents : ₹12.7 Mil (As of Mar. 2022)

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What is De Neers Tools Cash And Cash Equivalents?

De Neers Tools's quarterly cash and cash equivalents increased from Mar. 2020 (₹3.50 Mil) to Mar. 2021 (₹7.32 Mil) and increased from Mar. 2021 (₹7.32 Mil) to Mar. 2022 (₹12.65 Mil).

De Neers Tools's annual cash and cash equivalents increased from Mar. 2020 (₹3.50 Mil) to Mar. 2021 (₹7.32 Mil) and increased from Mar. 2021 (₹7.32 Mil) to Mar. 2022 (₹12.65 Mil).

De Neers Tools Cash And Cash Equivalents Historical Data

The historical data trend for De Neers Tools'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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De Neers Tools Cash And Cash Equivalents Chart

De Neers Tools Annual Data

Trend

Mar20

Mar21

Mar22

Cash And Cash Equivalents

3.50

7.32

12.65

De Neers Tools Semi-Annual Data
	Mar20	Mar21	Mar22
Cash And Cash Equivalents	3.50	7.32	12.65

De Neers Tools 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.

De Neers Tools (NSE:DENEERS) 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.

De Neers Tools Cash And Cash Equivalents Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092

Website

https://www.deneerstools.com

De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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