Loginet Japan Co (SSE:9027) Cash And Cash Equivalents : 円694 Mil (As of Dec. 2023)

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What is Loginet Japan Co Cash And Cash Equivalents?

Loginet Japan Co's quarterly cash and cash equivalents increased from Jun. 2023 (円246.00 Mil) to Sep. 2023 (円569.00 Mil) and increased from Sep. 2023 (円569.00 Mil) to Dec. 2023 (円694.00 Mil).

Loginet Japan Co's annual cash and cash equivalents declined from Mar. 2021 (円712.50 Mil) to Mar. 2022 (円621.20 Mil) but then increased from Mar. 2022 (円621.20 Mil) to Mar. 2023 (円1,518.82 Mil).

Loginet Japan Co Cash And Cash Equivalents Historical Data

The historical data trend for Loginet Japan 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.

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Loginet Japan Co Cash And Cash Equivalents Chart

Loginet Japan Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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422.39

316.10

712.50

621.20

1,518.82

Loginet Japan Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															942.37	1,518.82	246.00	569.00	694.00

Loginet Japan 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.

Loginet Japan Co (SSE:9027) 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.

Loginet Japan Co Cash And Cash Equivalents Related Terms

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Loginet Japan Co (SSE:9027) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Loginet Japan Co Ltd (SSE:9027) » Definitions » Cash And Cash Equivalents

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Address

8th floor, 6 LNJ Sapporo Odori Park Building No. 2, Sapporo Odori Nishi 8-chome, Chuo-ku, Sapporo, JPN, 60-0042

Website

http://www.loginet-japan.com

Loginet Japan Co Ltd is a Japan-based company engaged in the logistic sector. The company offers logistics services, storage/warehousing service, and travel insurance services.

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