Osel Devices (NSE:OSELDEVICE) Cash And Cash Equivalents : ₹48 Mil (As of Mar. 2024)

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What is Osel Devices Cash And Cash Equivalents?

Osel Devices's quarterly cash and cash equivalents declined from Mar. 2022 (₹53.08 Mil) to Mar. 2023 (₹10.22 Mil) but then increased from Mar. 2023 (₹10.22 Mil) to Mar. 2024 (₹47.74 Mil).

Osel Devices's annual cash and cash equivalents declined from Mar. 2022 (₹53.08 Mil) to Mar. 2023 (₹10.22 Mil) but then increased from Mar. 2023 (₹10.22 Mil) to Mar. 2024 (₹47.74 Mil).

Osel Devices Cash And Cash Equivalents Historical Data

The historical data trend for Osel Devices'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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Osel Devices Cash And Cash Equivalents Chart

Osel Devices Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

45.41

53.08

10.22

47.74

Osel Devices Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Cash And Cash Equivalents	45.41	53.08	10.22	47.74

Osel Devices 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.

Osel Devices (NSE:OSELDEVICE) 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.

Osel Devices Cash And Cash Equivalents Related Terms

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Osel Devices Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Osel Devices Ltd (NSE:OSELDEVICE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308

Website

Osel Devcies Ltd manufactures a comprehensive range of LED display systems and hearing aids. The company manufactures a comprehensive range of LED display systems including all major components for commercial use such as advertising media, billboards, corporate boardrooms, presentations, display promotions, command centers, and front signs. It also manufactures hearing aids, commonly known as health aids, to assist people with disabilities, the elderly, and the chronically ill who have low hearing levels. The company's main customer for hearing aids is the Artificial Limbs Manufacturing Corporation of India. Osel Devcies Generates the majority of revenue from Hearing Aids.

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