CAREERLINK CO (TSE:6070) Cash And Cash Equivalents : 円10,766 Mil (As of Dec. 2023)

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What is CAREERLINK CO Cash And Cash Equivalents?

CAREERLINK CO's quarterly cash and cash equivalents declined from Jun. 2023 (円10,724.32 Mil) to Sep. 2023 (円10,566.31 Mil) but then increased from Sep. 2023 (円10,566.31 Mil) to Dec. 2023 (円10,766.06 Mil).

CAREERLINK CO's annual cash and cash equivalents increased from Feb. 2019 (円2,683.76 Mil) to Feb. 2020 (円3,916.73 Mil) and increased from Feb. 2020 (円3,916.73 Mil) to Feb. 2021 (円6,435.39 Mil).

CAREERLINK CO Cash And Cash Equivalents Historical Data

The historical data trend for CAREERLINK 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.

CAREERLINK CO Cash And Cash Equivalents Chart

CAREERLINK CO Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Cash And Cash Equivalents

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2,778.48

3,084.13

2,683.76

3,916.73

6,435.39

CAREERLINK CO Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															6,297.22	5,097.95	10,724.32	10,566.31	10,766.06

CAREERLINK 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.

CAREERLINK CO (TSE:6070) 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.

CAREERLINK CO Cash And Cash Equivalents Related Terms

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CAREERLINK CO (TSE:6070) Business Description

Industry

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Address

33rd Floor, Shinjuku Mitsui Building, 2-1-1, Nishi Shinjuku, Shinjuku-ku, Tokyo, JPN, 163-0433

Website

http://www.careerlink.co.jp

CAREERLINK CO LTD provides human resources services in Japan. The company offers temporary staffing and outsourcing services for manufacturing and distribution companies. It supplies temporary workers for office work; helps companies with recruiting office workers; and performs outsourced tasks and provides other services. Its business comprises of BPO related business, CRM related business, General administrative business and Cleaning business of food processing, manufacturing processing buildings and hotels.

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