Saakshi Medtech and Panels (NSE:SAAKSHI) Cash And Cash Equivalents : ₹155 Mil (As of Mar. 2024)

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What is Saakshi Medtech and Panels Cash And Cash Equivalents?

Saakshi Medtech and Panels's quarterly cash and cash equivalents increased from Mar. 2022 (₹13.03 Mil) to Mar. 2023 (₹31.57 Mil) and increased from Mar. 2023 (₹31.57 Mil) to Mar. 2024 (₹155.16 Mil).

Saakshi Medtech and Panels's annual cash and cash equivalents increased from Mar. 2022 (₹13.03 Mil) to Mar. 2023 (₹31.57 Mil) and increased from Mar. 2023 (₹31.57 Mil) to Mar. 2024 (₹155.16 Mil).

Saakshi Medtech and Panels Cash And Cash Equivalents Historical Data

The historical data trend for Saakshi Medtech and Panels'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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Saakshi Medtech and Panels Cash And Cash Equivalents Chart

Saakshi Medtech and Panels Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

17.44

27.65

13.03

31.57

155.16

Saakshi Medtech and Panels Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Cash And Cash Equivalents	17.44	27.65	13.03	31.57	155.16

Saakshi Medtech and Panels 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.

Saakshi Medtech and Panels (NSE:SAAKSHI) 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.

Saakshi Medtech and Panels Cash And Cash Equivalents Related Terms

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Saakshi Medtech and Panels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Saakshi Medtech and Panels Ltd (NSE:SAAKSHI) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Plot No. EL-23, J Block, MIDC Industrial Area, Bhosari, Pune, MH, IND, 411026

Website

https://www.smtpl.co

Saakshi Medtech and Panels Ltd is a diversified company engaged in manufacturing of Electrical Control Panels and Cabinets used in elevators, air compressors, renewal energy industry, oil & gas exploration industry, electrical vehicle charging stations etc, Medical X Ray System used in healthcare industry, Fabrication works for locomotives and wire harness division for their captive consumption in electrical control panels and for supply to air compressor industry. Their comprehensive solutions include design, process engineering and manufacturing including fabrication, assembly and testing facilities. It designs, programs and assembles Electrical Control Panels and Cabinets comprising of micro controller, programmable logic controllers and SCADA system.

Saakshi Medtech and Panels Headlines

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