Otani Kogyo Co (TSE:5939) Cash And Cash Equivalents : 円1,537 Mil (As of Sep. 2024)

View and export this data going back to 1988. Start your Free Trial

What is Otani Kogyo Co Cash And Cash Equivalents?

Otani Kogyo Co's quarterly cash and cash equivalents declined from Dec. 2023 (円1,864.04 Mil) to Mar. 2024 (円1,558.53 Mil) but then stayed the same from Mar. 2024 (円1,558.53 Mil) to Sep. 2024 (円1,536.52 Mil).

Otani Kogyo Co's annual cash and cash equivalents declined from Mar. 2022 (円1,226.90 Mil) to Mar. 2023 (円1,164.79 Mil) but then increased from Mar. 2023 (円1,164.79 Mil) to Mar. 2024 (円1,558.53 Mil).

Otani Kogyo Co Cash And Cash Equivalents Historical Data

The historical data trend for Otani Kogyo 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.

* Premium members only.

Otani Kogyo Co Cash And Cash Equivalents Chart

Otani Kogyo Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

1,437.32

1,523.87

1,226.90

1,164.79

1,558.53

Otani Kogyo 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															1,359.72	1,302.39	1,864.04	1,558.53	1,536.52

Otani Kogyo 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.

Otani Kogyo Co (TSE:5939) 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.

Otani Kogyo Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Otani Kogyo Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Otani Kogyo Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Otani Kogyo Co Ltd (TSE:5939) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nishi Gotanda 7 - 22 - 17, TOC Building, 10th Floor, Shinagawa-ku, Tokyo, JPN, 141-0031

Website

http://www.otanikogyo.com

Otani Kogyo Co Ltd is a Japan based company engaged in the manufacture and sales of overhead wire hardware for power distribution, communication lines, CATV, hardware for disaster prevention radio, rock screws, and others. It also constructs, manufactures and sells studs, and involved in hot-dip galvanizing process.

Otani Kogyo Co Headlines

No Headlines