Star Asia Investment (TSE:3468) Cash And Cash Equivalents : 円3,489 Mil (As of Jan. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Star Asia Investment Cash And Cash Equivalents?

Star Asia Investment's quarterly cash and cash equivalents increased from Jan. 2022 (円3,774.98 Mil) to Jul. 2022 (円4,265.18 Mil) but then stayed the same from Jul. 2022 (円4,265.18 Mil) to Jan. 2023 (円3,488.64 Mil).

Star Asia Investment's annual cash and cash equivalents increased from Jul. 2020 (円1,552.01 Mil) to Jul. 2021 (円3,169.69 Mil) and increased from Jul. 2021 (円3,169.69 Mil) to Jul. 2022 (円4,265.18 Mil).

Star Asia Investment Cash And Cash Equivalents Historical Data

The historical data trend for Star Asia Investment'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.

Star Asia Investment Cash And Cash Equivalents Chart

Star Asia Investment Annual Data

Trend

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Cash And Cash Equivalents

Get a 7-Day Free Trial

2,000.01

1,743.63

1,552.01

3,169.69

4,265.18

Star Asia Investment Semi-Annual Data
	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial								3,169.69	3,774.98	4,265.18	3,488.64	-

Star Asia Investment 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.

Star Asia Investment (TSE:3468) 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.

Star Asia Investment Cash And Cash Equivalents Related Terms

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

Star Asia Investment (TSE:3468) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Star Asia Investment Corp (TSE:3468) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-5-1, Atago, 18th Floor, Atago Green Hills MORI Tower, Minato-ku, Tokyo, JPN, 105-0002

Website

http://www.starasia-reit.com

Star Asia Investment Corp is a real estate investment trust (REIT). The company mainly invests in real estate properties such as business offices, logistics facilities, residential buildings and hotels. It aims to achieve internal and external growth in asset and maximize investors' profit from mid-term to long-term perspectives.

Star Asia Investment (TSE:3468) Headlines

No Headlines