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Meiko Electronics Co (TSE:6787) Cash And Cash Equivalents : 円23,029 Mil (As of Dec. 2023)


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What is Meiko Electronics Co Cash And Cash Equivalents?

Meiko Electronics Co's quarterly cash and cash equivalents increased from Jun. 2023 (円22,308.00 Mil) to Sep. 2023 (円22,426.00 Mil) and increased from Sep. 2023 (円22,426.00 Mil) to Dec. 2023 (円23,029.00 Mil).

Meiko Electronics Co's annual cash and cash equivalents increased from Mar. 2022 (円10,699.00 Mil) to Mar. 2023 (円17,583.00 Mil) and increased from Mar. 2023 (円17,583.00 Mil) to Mar. 2024 (円21,602.00 Mil).


Meiko Electronics Co Cash And Cash Equivalents Historical Data

The historical data trend for Meiko Electronics 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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Meiko Electronics Co Cash And Cash Equivalents Chart

Meiko Electronics Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,889.00 12,370.00 10,699.00 17,583.00 21,602.00

Meiko Electronics Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17,583.00 22,308.00 22,426.00 23,029.00 21,602.00

Meiko Electronics 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.


Meiko Electronics Co  (TSE:6787) 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.


Meiko Electronics Co Cash And Cash Equivalents Related Terms

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Meiko Electronics Co (TSE:6787) Business Description

Traded in Other Exchanges
Address
5-14-15, Ogami, Kanagawa Prefecture, Ayase, JPN, 252-1104
Meiko Electronics Co., Ltd. is a Japan-based company. The company is engaged in manufacturing of anyLayer high density interconnect, high heat dissipation printed circuit boards (PCBs) and high electric current PCBs, solder stencils, electronic manufacturing services, industrial equipment, and imaging equipment. The company operates in one business segment that is Printed Circuit Boards. Geographically the company exports its products to Asia, North America, Europe, and Other regions.

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