Sumitomo Forestry Co (TSE:1911) Cash And Cash Equivalents : 円154,067 Mil (As of Dec. 2023)

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What is Sumitomo Forestry Co Cash And Cash Equivalents?

Sumitomo Forestry Co's quarterly cash and cash equivalents declined from Jun. 2023 (円173,569.00 Mil) to Sep. 2023 (円126,062.00 Mil) but then increased from Sep. 2023 (円126,062.00 Mil) to Dec. 2023 (円154,067.00 Mil).

Sumitomo Forestry Co's annual cash and cash equivalents declined from Dec. 2021 (円139,957.00 Mil) to Dec. 2022 (円128,752.00 Mil) but then increased from Dec. 2022 (円128,752.00 Mil) to Dec. 2023 (円154,067.00 Mil).

Sumitomo Forestry Co Cash And Cash Equivalents Historical Data

The historical data trend for Sumitomo Forestry 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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Sumitomo Forestry Co Cash And Cash Equivalents Chart

Sumitomo Forestry Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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82,421.00

92,774.00

139,957.00

128,752.00

154,067.00

Sumitomo Forestry Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															105,013.00	173,569.00	126,062.00	154,067.00	-

Sumitomo Forestry 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.

Sumitomo Forestry Co (TSE:1911) 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.

Sumitomo Forestry Co Cash And Cash Equivalents Related Terms

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Sumitomo Forestry Co (TSE:1911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Sumitomo Forestry Co Ltd (TSE:1911) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

5F6:Germany

Address

Keidanren Kaikan, 3-2, Otemachi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-8270

Website

http://sfc.jp

Sumitomo Forestry Co Ltd is a diversified Japanese company that focuses on timber and building materials as well as residential construction. The company's timber business is one of Japan's leading suppliers of timber and also provides building and structural materials such as flooring and doors. It constructs custom-built single-family housing projects around Japan that use the company's timber materials and design. These two business units provide the majority of the company's revenue. Sumitomo Forestry operates timber and exporting businesses in Southeast Asia, Australia, and North America. It is also involved in forestry management, as it owns forests around Japan and Southeast Asia.

Sumitomo Forestry Co (TSE:1911) Headlines

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