Slone Infosystems (NSE:SLONE) Cash And Cash Equivalents : ₹41 Mil (As of Sep. 2024)

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What is Slone Infosystems Cash And Cash Equivalents?

Slone Infosystems's quarterly cash and cash equivalents declined from Mar. 2023 (₹1.66 Mil) to Sep. 2023 (₹0.00 Mil) but then increased from Sep. 2023 (₹0.00 Mil) to Sep. 2024 (₹41.45 Mil).

Slone Infosystems's annual cash and cash equivalents increased from Mar. 2021 (₹0.85 Mil) to Mar. 2022 (₹1.55 Mil) and increased from Mar. 2022 (₹1.55 Mil) to Mar. 2023 (₹1.66 Mil).

Slone Infosystems Cash And Cash Equivalents Historical Data

The historical data trend for Slone Infosystems'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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Slone Infosystems Cash And Cash Equivalents Chart

Slone Infosystems Annual Data

Trend

Mar21

Mar22

Mar23

Cash And Cash Equivalents

0.85

1.55

1.66

Slone Infosystems Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Cash And Cash Equivalents	0.85	1.55	1.66	-	41.45

Slone Infosystems 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.

Slone Infosystems (NSE:SLONE) 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.

Slone Infosystems Cash And Cash Equivalents Related Terms

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Slone Infosystems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Slone Infosystems Ltd (NSE:SLONE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

5th Road Khar West, Ground Floor, Mohini Heights CHS LTD, Behind Rajasthan Hotel, Khar Delivery, Mumbai, MH, IND, 400052

Website

https://www.sloneinfosystems.com

Slone Infosystems Ltd is an IT hardware solutions company based in India. The company is involved in the sale and rental of IT equipment such as laptops, desktops, servers, and workstations. Additionally, the company offers IT service solutions including managing cloud servers and servicing IT equipment for corporate clients.

Slone Infosystems Headlines

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