Sigma Solve (NSE:SIGMA) Cash And Cash Equivalents : ₹28.6 Mil (As of Sep. 2023)

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What is Sigma Solve Cash And Cash Equivalents?

Sigma Solve's quarterly cash and cash equivalents declined from Sep. 2022 (₹267.74 Mil) to Mar. 2023 (₹225.87 Mil) but then stayed the same from Mar. 2023 (₹225.87 Mil) to Sep. 2023 (₹28.59 Mil).

Sigma Solve's annual cash and cash equivalents increased from Mar. 2021 (₹109.86 Mil) to Mar. 2022 (₹118.45 Mil) and increased from Mar. 2022 (₹118.45 Mil) to Mar. 2023 (₹225.87 Mil).

Sigma Solve Cash And Cash Equivalents Historical Data

The historical data trend for Sigma Solve'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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Sigma Solve Cash And Cash Equivalents Chart

Sigma Solve Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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0.18

78.82

109.86

118.45

225.87

Sigma Solve Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial					193.07	118.45	267.74	225.87	28.59

Sigma Solve 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.

Sigma Solve (NSE:SIGMA) 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.

Sigma Solve Cash And Cash Equivalents Related Terms

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Sigma Solve (NSE:SIGMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sigma Solve Ltd (NSE:SIGMA) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

543917:India

Address

Sindhu Bhavan Road, S G Highway, Alpha Megacone House, Opposite Armieda, 305-308, 3rd Floor, Ahmedabad, GJ, IND, 380054

Website

https://www.sigmasolve.in

Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing and Quality assurance. The firm generates revenue is from the export of services.

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