Nihon Shokuhin Kako Co (TSE:2892) Cash And Cash Equivalents : 円250 Mil (As of Dec. 2023)

View and export this data going back to 1961. Start your Free Trial

What is Nihon Shokuhin Kako Co Cash And Cash Equivalents?

Nihon Shokuhin Kako Co's quarterly cash and cash equivalents declined from Jun. 2023 (円371.00 Mil) to Sep. 2023 (円228.00 Mil) but then increased from Sep. 2023 (円228.00 Mil) to Dec. 2023 (円250.00 Mil).

Nihon Shokuhin Kako Co's annual cash and cash equivalents increased from Mar. 2021 (円177.00 Mil) to Mar. 2022 (円198.00 Mil) and increased from Mar. 2022 (円198.00 Mil) to Mar. 2023 (円411.00 Mil).

Nihon Shokuhin Kako Co Cash And Cash Equivalents Historical Data

The historical data trend for Nihon Shokuhin Kako 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.

Nihon Shokuhin Kako Co Cash And Cash Equivalents Chart

Nihon Shokuhin Kako Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

Get a 7-Day Free Trial

227.00

221.00

177.00

198.00

411.00

Nihon Shokuhin Kako 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															180.00	411.00	371.00	228.00	250.00

Nihon Shokuhin Kako 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.

Nihon Shokuhin Kako Co (TSE:2892) 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.

Nihon Shokuhin Kako Co Cash And Cash Equivalents Related Terms

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

Nihon Shokuhin Kako Co (TSE:2892) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nihon Shokuhin Kako Co Ltd (TSE:2892) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Marunouchi Kitaguchi Bldg No. 5, No. 6-chome, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.nisshoku.co.jp

Nihon Shokuhin Kako Co Ltd is a food manufacturing company. It manufactures and sells processed products such as corn starch and secondary processed products in Japan. It also offers corn starch for food and industrial use; waxy starch; and tapioca starch for food and industrial use.

Nihon Shokuhin Kako Co (TSE:2892) Headlines

No Headlines