Chubu Steel Plate Co (TSE:5461) Cash And Cash Equivalents : 円12,494 Mil (As of Sep. 2024)

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What is Chubu Steel Plate Co Cash And Cash Equivalents?

Chubu Steel Plate Co's quarterly cash and cash equivalents increased from Dec. 2023 (円10,715.00 Mil) to Mar. 2024 (円13,516.00 Mil) but then stayed the same from Mar. 2024 (円13,516.00 Mil) to Sep. 2024 (円12,494.00 Mil).

Chubu Steel Plate Co's annual cash and cash equivalents increased from Mar. 2022 (円8,311.00 Mil) to Mar. 2023 (円10,906.00 Mil) and increased from Mar. 2023 (円10,906.00 Mil) to Mar. 2024 (円13,516.00 Mil).

Chubu Steel Plate Co Cash And Cash Equivalents Historical Data

The historical data trend for Chubu Steel Plate 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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Chubu Steel Plate Co Cash And Cash Equivalents Chart

Chubu Steel Plate Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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7,790.00

7,764.00

8,311.00

10,906.00

13,516.00

Chubu Steel Plate Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															10,017.00	9,568.00	10,715.00	13,516.00	12,494.00

Chubu Steel Plate 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.

Chubu Steel Plate Co (TSE:5461) 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.

Chubu Steel Plate Co Cash And Cash Equivalents Related Terms

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Chubu Steel Plate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Chubu Steel Plate Co Ltd (TSE:5461) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

5-1 -chome, Nakagawa-ku, Nagoya, JPN, 454-8506

Website

http://www.chubukohan.co.jp

Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and cutting of steel plates in Japan. The firm offers steel plates, laser cutting steel plates, hydrochloric and sulfuric acid-resistant alloy steel plates, and abrasion-resistant alloy steel plates, as well as steel sheets for building structures. It also provides general, welded, and building structural rolled steel sheets; weather-resistant hot rolled steel sheets for welded construction; carbon steel sheets for boilers and machine structures; and chromium-molybdenum steel plates. The company's products are used in various applications, including construction and industrial machinery, mechanical parts, molds, containers, industrial vehicles, civil engineering, bridges, ships, architecture.

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