Prodelight Co (TSE:5580) Cash And Cash Equivalents : 円664 Mil (As of Aug. 2024)

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What is Prodelight Co Cash And Cash Equivalents?

Prodelight Co's quarterly cash and cash equivalents increased from Feb. 2024 (円563.63 Mil) to May. 2024 (円604.02 Mil) and increased from May. 2024 (円604.02 Mil) to Aug. 2024 (円664.09 Mil).

Prodelight Co's annual cash and cash equivalents increased from Aug. 2022 (円384.33 Mil) to Aug. 2023 (円673.57 Mil) but then declined from Aug. 2023 (円673.57 Mil) to Aug. 2024 (円664.09 Mil).

Prodelight Co Cash And Cash Equivalents Historical Data

The historical data trend for Prodelight 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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Prodelight Co Cash And Cash Equivalents Chart

Prodelight Co Annual Data

Trend

Aug21

Aug22

Aug23

Aug24

Cash And Cash Equivalents

402.33

384.33

673.57

664.09

Prodelight Co Quarterly Data
	Aug21	Aug22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Cash And Cash Equivalents	Get a 7-Day Free Trial				673.57	604.47	563.63	604.02	664.09

Prodelight 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.

Prodelight Co (TSE:5580) 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.

Prodelight Co Cash And Cash Equivalents Related Terms

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Prodelight Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Prodelight Co Ltd (TSE:5580) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-3-11 Koraibashi, 2nd floor, Yodoyabashi Flex Tower, Chuo-ku, Osaka-shi, Osaka, JPN, 541-0043

Website

https://www.prodelight.co.jp

Prodelight Co Ltd is engaged in the Voice solution business, Planning, development and sales of cloud voice systems, Sale of line services, and Sale of audio devices. The company Provides the one-stop solution to voice communication DX, based on self-developed cloud PBX for IP telephone, INNOVERA.

Prodelight Co Headlines

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