Omax Autos (NSE:OMAXAUTO) Cash And Cash Equivalents : ₹146 Mil (As of Sep. 2024)

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What is Omax Autos Cash And Cash Equivalents?

Omax Autos's quarterly cash and cash equivalents declined from Mar. 2024 (₹371.72 Mil) to Jun. 2024 (₹0.00 Mil) but then increased from Jun. 2024 (₹0.00 Mil) to Sep. 2024 (₹146.42 Mil).

Omax Autos's annual cash and cash equivalents declined from Mar. 2022 (₹170.59 Mil) to Mar. 2023 (₹91.46 Mil) but then increased from Mar. 2023 (₹91.46 Mil) to Mar. 2024 (₹371.72 Mil).

Omax Autos Cash And Cash Equivalents Historical Data

The historical data trend for Omax Autos'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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Omax Autos Cash And Cash Equivalents Chart

Omax Autos Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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10.39

182.14

170.59

91.46

371.72

Omax Autos Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															25.01	-	371.72	-	146.42

Omax Autos 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.

Omax Autos (NSE:OMAXAUTO) 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.

Omax Autos Cash And Cash Equivalents Related Terms

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Omax Autos Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Omax Autos Ltd (NSE:OMAXAUTO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

520021:India

Address

Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001

Website

https://www.omaxauto.com

Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.

Omax Autos Headlines

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