Jainam Ferro Alloys (I) (NSE:JAINAM) Cash And Cash Equivalents : ₹46 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Jainam Ferro Alloys (I) Cash And Cash Equivalents?

Jainam Ferro Alloys (I)'s quarterly cash and cash equivalents declined from Sep. 2023 (₹40.57 Mil) to Mar. 2024 (₹7.32 Mil) but then increased from Mar. 2024 (₹7.32 Mil) to Sep. 2024 (₹46.39 Mil).

Jainam Ferro Alloys (I)'s annual cash and cash equivalents declined from Mar. 2022 (₹34.65 Mil) to Mar. 2023 (₹10.27 Mil) and declined from Mar. 2023 (₹10.27 Mil) to Mar. 2024 (₹7.32 Mil).

Jainam Ferro Alloys (I) Cash And Cash Equivalents Historical Data

The historical data trend for Jainam Ferro Alloys (I)'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.

* Premium members only.

Jainam Ferro Alloys (I) Cash And Cash Equivalents Chart

Jainam Ferro Alloys (I) Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

5.49

7.68

34.65

10.27

7.32

Jainam Ferro Alloys (I) Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial					21.59	10.27	40.57	7.32	46.39

Jainam Ferro Alloys (I) 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.

Jainam Ferro Alloys (I) (NSE:JAINAM) 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.

Jainam Ferro Alloys (I) Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Jainam Ferro Alloys (I)'s Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Jainam Ferro Alloys (I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jainam Ferro Alloys (I) Ltd (NSE:JAINAM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Urla Industrial Area, Sector-C, Plot No. 103 to 113 & 130 to 136/A & 137, Birgaon, Raipur, CT, IND, 492003

Website

https://www.jainamferro.com

Jainam Ferro Alloys (I) Ltd is engaged in the manufacturing of two types of Ferro Alloys - Ferro Manganese and Silico manganese, largely used in the Steel industry. Ferro silicon, ferro silicon oxide, ferro silicon, ferro silicon, and ferro chrome are among the company's products. The company also generates revenue from trading activities of manganese ore, used as a raw material in the manufacturing of Ferro alloys. It sells products within India.

Jainam Ferro Alloys (I) Headlines

No Headlines