TGB Banquets & Hotels (NSE:TGBHOTELS) Cash And Cash Equivalents : ₹0.0 Mil (As of Dec. 2023)

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What is TGB Banquets & Hotels Cash And Cash Equivalents?

TGB Banquets & Hotels's quarterly cash and cash equivalents increased from Jun. 2023 (₹0.00 Mil) to Sep. 2023 (₹5.51 Mil) but then stayed the same from Sep. 2023 (₹5.51 Mil) to Dec. 2023 (₹0.00 Mil).

TGB Banquets & Hotels's annual cash and cash equivalents increased from Mar. 2021 (₹6.10 Mil) to Mar. 2022 (₹9.15 Mil) but then declined from Mar. 2022 (₹9.15 Mil) to Mar. 2023 (₹5.07 Mil).

TGB Banquets & Hotels Cash And Cash Equivalents Historical Data

The historical data trend for TGB Banquets & Hotels'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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TGB Banquets & Hotels Cash And Cash Equivalents Chart

TGB Banquets & Hotels Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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37.25

13.91

6.10

9.15

5.07

TGB Banquets & Hotels Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	5.07	-	5.51	-

TGB Banquets & Hotels 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.

TGB Banquets & Hotels (NSE:TGBHOTELS) 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.

TGB Banquets & Hotels Cash And Cash Equivalents Related Terms

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TGB Banquets & Hotels (NSE:TGBHOTELS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TGB Banquets & Hotels Ltd (NSE:TGBHOTELS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

532845:India

Address

S.G. Road, The Grand Bhagwati, Plot no. 380, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.thegrandbhagwati.com

TGB Banquets & Hotels Ltd is an Indian company engaged in the lodging business sector. The firm operates hotels, restaurants, and banquets. It operates under the brand name The Grand Bhagwati, also known as TGB in India. Other activities of the company include the provision of catering services. It derives revenue from rooms, food and beverages, and allied services relating to hotel operations.

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