SRXXF (SPARX Group Co) Cash And Cash Equivalents : $108.2 Mil (As of Dec. 2024)

View and export this data going back to 2013. Start your Free Trial

What is SPARX Group Co Cash And Cash Equivalents?

SPARX Group Co's quarterly cash and cash equivalents increased from Jun. 2024 ($113.28 Mil) to Sep. 2024 ($115.25 Mil) but then stayed the same from Sep. 2024 ($115.25 Mil) to Dec. 2024 ($108.22 Mil).

SPARX Group Co's annual cash and cash equivalents declined from Mar. 2023 ($164.80 Mil) to Mar. 2024 ($147.29 Mil) and declined from Mar. 2024 ($147.29 Mil) to Mar. 2025 ($143.47 Mil).

SPARX Group Co Cash And Cash Equivalents Historical Data

The historical data trend for SPARX Group Co'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.

SPARX Group Co Cash And Cash Equivalents Chart

SPARX Group Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Cash And Cash Equivalents

Get a 7-Day Free Trial

183.40

161.91

164.80

147.29

143.47

SPARX Group Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															147.29	113.28	115.25	108.22	143.47

SPARX Group Co 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.

SPARX Group Co (OTCPK:SRXXF) 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.

SPARX Group Co Cash And Cash Equivalents Related Terms

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

SPARX Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SPARX Group Co Ltd (OTCPK:SRXXF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

8739:Japan

Address

1-2-70 Konan, Shinagawa Season Terrace, 6th Floor, Minato-ku, Tokyo, JPN, 108 0075

Website

http://www.sparx.jp

SPARX Group Co Ltd is a Japan-based holding company engaged in the Asset Management Business and Investment Advisory Business, through its subsidiaries. It operates a variety of investment strategies through a host of entities. The group invests on behalf of corporate pension annuities, government entities, private and trust banks, and public pension funds. Strategies include Japanese equity, Asia ex-Japan alternatives, and Korean strategies. In addition to mutual fund offerings, the company offers advisory services to customers in Japan. Mutual fund offerings are offered directly or through brokerage houses, banks, and other intermediaries globally.