Foster Electric Co (TSE:6794) Cash And Cash Equivalents : 円18,868 Mil (As of Dec. 2023)

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What is Foster Electric Co Cash And Cash Equivalents?

Foster Electric Co's quarterly cash and cash equivalents increased from Jun. 2023 (円16,218.00 Mil) to Sep. 2023 (円16,882.00 Mil) and increased from Sep. 2023 (円16,882.00 Mil) to Dec. 2023 (円18,868.00 Mil).

Foster Electric Co's annual cash and cash equivalents declined from Mar. 2021 (円15,470.00 Mil) to Mar. 2022 (円10,846.00 Mil) but then increased from Mar. 2022 (円10,846.00 Mil) to Mar. 2023 (円13,646.00 Mil).

Foster Electric Co Cash And Cash Equivalents Historical Data

The historical data trend for Foster Electric 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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Foster Electric Co Cash And Cash Equivalents Chart

Foster Electric Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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11,854.00

14,770.00

15,470.00

10,846.00

13,646.00

Foster Electric Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															13,525.00	13,646.00	16,218.00	16,882.00	18,868.00

Foster Electric 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.

Foster Electric Co (TSE:6794) 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.

Foster Electric Co Cash And Cash Equivalents Related Terms

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Foster Electric Co (TSE:6794) Business Description

Industry

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Address

1-1-109, Tsutsujigaoka, Akishima City, Tokyo, JPN, 196-8550

Website

http://www.foster.co.jp

Foster Electric is a Japan-based company that conducts operation through four segments. The information and communication components and products segment produces and sells headsets and small speakers for mobile phones and commercial microphones, and this segment contributes around half of total revenue. The automotive components and products segment produces car speakers and car speaker systems. The acoustic components and products segment offers speakers and speaker systems for audio devices and TVs, amplifier built-in speakers, headphones, and others. The other segment offers Fostex brand products, micro acoustic components, and logistics services. The company has manufacturing bases in various countries, such as China, Vietnam, South Korea, Indonesia, and elsewhere.

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