Ramdevbaba Solvent (NSE:RBS) Cash And Cash Equivalents : ₹4 Mil (As of Mar. 2023)

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What is Ramdevbaba Solvent Cash And Cash Equivalents?

Ramdevbaba Solvent's quarterly cash and cash equivalents declined from Mar. 2021 (₹8.03 Mil) to Mar. 2022 (₹2.01 Mil) but then increased from Mar. 2022 (₹2.01 Mil) to Mar. 2023 (₹3.56 Mil).

Ramdevbaba Solvent's annual cash and cash equivalents declined from Mar. 2021 (₹8.03 Mil) to Mar. 2022 (₹2.01 Mil) but then increased from Mar. 2022 (₹2.01 Mil) to Mar. 2023 (₹3.56 Mil).

Ramdevbaba Solvent Cash And Cash Equivalents Historical Data

The historical data trend for Ramdevbaba Solvent'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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Ramdevbaba Solvent Cash And Cash Equivalents Chart

Ramdevbaba Solvent Annual Data

Trend

Mar21

Mar22

Mar23

Cash And Cash Equivalents

8.03

2.01

3.56

Ramdevbaba Solvent Semi-Annual Data
	Mar21	Mar22	Mar23
Cash And Cash Equivalents	8.03	2.01	3.56

Ramdevbaba Solvent 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.

Ramdevbaba Solvent (NSE:RBS) 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.

Ramdevbaba Solvent Cash And Cash Equivalents Related Terms

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Ramdevbaba Solvent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ramdevbaba Solvent Ltd (NSE:RBS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Avenue Road, Honey Arjun Kaushalya Tower, 2nd Floor, Block No. 205 and 206, Telephone Exchange Chowk, Near HDFC Bank, Nagpur, MH, IND, 440008

Website

https://www.ramdevbabasol.com

Ramdevbaba Solvent Ltd is engaged in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil. It manufactures and sells Rice Bran Oil to FMCG companies. The company manufactures Rice Bran Oil under its own brands Tulsi and Sehat and sells through distributors who in turn sell to various retailers across Maharashtra. The company also produces De-oiled Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil, and sells the same as cattle feed, poultry feed, and fish feed in the States of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu. The company generates all of its revenue from the sale of products.

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