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Gumi (TSE:3903) Cash And Cash Equivalents : 円7,609 Mil (As of Jan. 2024)


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What is Gumi Cash And Cash Equivalents?

Gumi's quarterly cash and cash equivalents declined from Jul. 2023 (円9,002.95 Mil) to Oct. 2023 (円7,718.81 Mil) but then stayed the same from Oct. 2023 (円7,718.81 Mil) to Jan. 2024 (円7,609.00 Mil).

Gumi's annual cash and cash equivalents increased from Apr. 2022 (円6,302.74 Mil) to Apr. 2023 (円10,464.17 Mil) but then declined from Apr. 2023 (円10,464.17 Mil) to Apr. 2024 (円4,778.62 Mil).


Gumi Cash And Cash Equivalents Historical Data

The historical data trend for Gumi'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.

Gumi Cash And Cash Equivalents Chart

Gumi Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,833.44 8,492.51 6,302.74 10,464.17 4,778.62

Gumi Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,464.17 9,002.95 7,718.81 7,609.00 4,778.62

Gumi 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.


Gumi  (TSE:3903) 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.


Gumi Cash And Cash Equivalents Related Terms

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Gumi (TSE:3903) Business Description

Traded in Other Exchanges
Address
Nishi-Shinjuku 4-34-7, 3rd floor, Sumitomo Fudosan Nishi-Shinjuku Building No. 5, Shinjuku-ku, Tokyo, JPN, 160-0023
Gumi Inc is an entertainment company, which develops, operates, and distributes online games for smartphones and tablets. It provides native application services, game contents can be downloaded from apple store without browser; browser game services, game can be played on the mobile terminal browser, as well as publishing services, in which the company performs localization of game content developed by third parties and then sell them through its various sales channels. In addition, the firm offers VR (Virtual Reality) services.

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