LA Holdings Co (TSE:2986) Cash And Cash Equivalents : 円6,863 Mil (As of Jun. 2024)

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What is LA Holdings Co Cash And Cash Equivalents?

LA Holdings Co's quarterly cash and cash equivalents declined from Dec. 2023 (円12,783.07 Mil) to Mar. 2024 (円10,338.79 Mil) but then stayed the same from Mar. 2024 (円10,338.79 Mil) to Jun. 2024 (円6,862.58 Mil).

LA Holdings Co's annual cash and cash equivalents increased from Dec. 2021 (円6,814.97 Mil) to Dec. 2022 (円9,482.71 Mil) and increased from Dec. 2022 (円9,482.71 Mil) to Dec. 2023 (円12,783.07 Mil).

LA Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for LA Holdings 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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LA Holdings Co Cash And Cash Equivalents Chart

LA Holdings Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

2,820.38

6,814.97

9,482.71

12,783.07

LA Holdings Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial											10,250.19	10,999.15	12,783.07	10,338.79	6,862.58

LA Holdings 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.

LA Holdings Co (TSE:2986) 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.

LA Holdings Co Cash And Cash Equivalents Related Terms

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LA Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » LA Holdings Co Ltd (TSE:2986) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-9-18, Kaigan, Minato-ku, Tokyo, JPN, 105-0022

Website

https://www.lahd.co.jp

LA Holdings Co Ltd is engaged in business management and incidental operations of group companies engaged in new real estate business, renovation real estate business, real estate management business.

LA Holdings Co Headlines

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