Systango Technologies (NSE:SYSTANGO) Cash And Cash Equivalents : ₹69.6 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Systango Technologies Cash And Cash Equivalents?

Systango Technologies's quarterly cash and cash equivalents declined from Sep. 2023 (₹75.31 Mil) to Mar. 2024 (₹46.74 Mil) but then increased from Mar. 2024 (₹46.74 Mil) to Sep. 2024 (₹69.58 Mil).

Systango Technologies's annual cash and cash equivalents increased from Mar. 2022 (₹58.33 Mil) to Mar. 2023 (₹358.94 Mil) but then declined from Mar. 2023 (₹358.94 Mil) to Mar. 2024 (₹46.74 Mil).

Systango Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Systango Technologies'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.

* Premium members only.

Systango Technologies Cash And Cash Equivalents Chart

Systango Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

13.72

24.80

58.33

358.94

46.74

Systango Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial			63.39	358.94	75.31	46.74	69.58

Systango Technologies 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.

Systango Technologies (NSE:SYSTANGO) 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.

Systango Technologies Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Systango Technologies's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Systango Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Systango Technologies Ltd (NSE:SYSTANGO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010

Website

https://www.systango.com

Systango Technologies Ltd is engaged in the business of providing software solutions to design, implement, and manage their own Customized Digital Platforms including Web2, Web3, and Mobile applications, with an emphasis on data and analytics. The range of software solutions provided by the company is wide and includes website development, mobile app development for both IOS and Android applications, web3 development, decentralized finance, data engineering, implementation of blockchain, cloud computing, and digital marketing. Systango offers its services across various sectors like Hospitality, Property Tech, Financial Services, Fantasy Sports and many others.

Systango Technologies Headlines

No Headlines