Tokai Soft Co (TSE:4430) Cash And Cash Equivalents : 円1,010 Mil (As of Feb. 2024)

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What is Tokai Soft Co Cash And Cash Equivalents?

Tokai Soft Co's quarterly cash and cash equivalents increased from Aug. 2023 (円1,066.37 Mil) to Nov. 2023 (円1,365.03 Mil) but then stayed the same from Nov. 2023 (円1,365.03 Mil) to Feb. 2024 (円1,010.42 Mil).

Tokai Soft Co's annual cash and cash equivalents increased from May. 2021 (円1,293.01 Mil) to May. 2022 (円1,881.76 Mil) but then declined from May. 2022 (円1,881.76 Mil) to May. 2023 (円1,475.55 Mil).

Tokai Soft Co Cash And Cash Equivalents Historical Data

The historical data trend for Tokai Soft 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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Tokai Soft Co Cash And Cash Equivalents Chart

Tokai Soft Co Annual Data

Trend

May17

May18

May19

May20

May21

May22

May23

Cash And Cash Equivalents

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2,406.92

2,355.88

1,293.01

1,881.76

1,475.55

Tokai Soft Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1,134.44	1,475.55	1,066.37	1,365.03	1,010.42

Tokai Soft 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.

Tokai Soft Co (TSE:4430) 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.

Tokai Soft Co Cash And Cash Equivalents Related Terms

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Tokai Soft Co (TSE:4430) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tokai Soft Co Ltd (TSE:4430) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-15-1 Shinmichi Nishi-ku, Nagoya, JPN, 451-0043

Website

http://www.tokai-soft.co.jp

Tokai Soft Co Ltd provides software solutions. The company is engaged in a wide range of businesses as an engineering company that combines technologies for total system construction, network and solution solutions, and support technologies that provide stable operation.

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