BroadBand Tower (TSE:3776) Cash And Cash Equivalents : 円6,253 Mil (As of Mar. 2024)

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What is BroadBand Tower Cash And Cash Equivalents?

BroadBand Tower's quarterly cash and cash equivalents declined from Sep. 2023 (円6,731.45 Mil) to Dec. 2023 (円6,157.26 Mil) but then increased from Dec. 2023 (円6,157.26 Mil) to Mar. 2024 (円6,253.11 Mil).

BroadBand Tower's annual cash and cash equivalents increased from Dec. 2021 (円5,544.18 Mil) to Dec. 2022 (円7,012.05 Mil) but then declined from Dec. 2022 (円7,012.05 Mil) to Dec. 2023 (円6,157.26 Mil).

BroadBand Tower Cash And Cash Equivalents Historical Data

The historical data trend for BroadBand Tower'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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BroadBand Tower Cash And Cash Equivalents Chart

BroadBand Tower Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5,914.30

6,127.52

5,544.18

7,012.05

6,157.26

BroadBand Tower 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															6,233.45	6,506.72	6,731.45	6,157.26	6,253.11

BroadBand Tower 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.

BroadBand Tower (TSE:3776) 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.

BroadBand Tower Cash And Cash Equivalents Related Terms

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BroadBand Tower (TSE:3776) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » BroadBand Tower Inc (TSE:3776) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-2-6 Akasaka, Tokyo, JPN

Website

http://www.bbtower.co.jp

BroadBand Tower, Inc. is a Japan-based company engaged in the provision of internet services. The company offers various services such as portal and e-commerce sites, video distribution sites, and social media and others. It operates through two businesses namely computer platform and fashion industry platform. The computer platform business includes data center and cloud services, storage products, and the internet of things. Its fashion industry platform business provides electronic-commerce support services, apparel planning, manufacturing and marketing and television shopping support services.

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