Presstonic Engineering (NSE:PRESSTONIC) Cash And Cash Equivalents : ₹39.6 Mil (As of Sep. 2024)

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What is Presstonic Engineering Cash And Cash Equivalents?

Presstonic Engineering's quarterly cash and cash equivalents increased from Sep. 2023 (₹6.88 Mil) to Mar. 2024 (₹92.45 Mil) but then stayed the same from Mar. 2024 (₹92.45 Mil) to Sep. 2024 (₹39.63 Mil).

Presstonic Engineering's annual cash and cash equivalents increased from Mar. 2022 (₹0.71 Mil) to Mar. 2023 (₹2.63 Mil) and increased from Mar. 2023 (₹2.63 Mil) to Mar. 2024 (₹92.45 Mil).

Presstonic Engineering Cash And Cash Equivalents Historical Data

The historical data trend for Presstonic Engineering'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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Presstonic Engineering Cash And Cash Equivalents Chart

Presstonic Engineering Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

4.78

0.71

2.63

92.45

Presstonic Engineering Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.71	2.63	6.88	92.45	39.63

Presstonic Engineering 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.

Presstonic Engineering (NSE:PRESSTONIC) 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.

Presstonic Engineering Cash And Cash Equivalents Related Terms

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Presstonic Engineering Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Presstonic Engineering Ltd (NSE:PRESSTONIC) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Hoysala Main Road, Sy. No. 2, Khatha No. 145, Pillappa Industrial Layout, Viswaneedam, Srigandhadakavalu, Sunkadakatte, Bangalore North, KA, IND, 560091

Website

https://www.presstonic.com

Presstonic Engineering Ltd manufactures Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products, and supplies to renowned Global and Domestic OEM's engaged in the Rail and Metro Rail Rolling stock and Signalling equipments manufacturing and servicing companies. The company generates the majority of its revenue from India.

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