Current Motor (TSE:7690) Cash And Cash Equivalents : 円1,240 Mil (As of Apr. 2024)

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What is Current Motor Cash And Cash Equivalents?

Current Motor's quarterly cash and cash equivalents increased from Apr. 2023 (円1,249.27 Mil) to Oct. 2023 (円1,329.99 Mil) but then stayed the same from Oct. 2023 (円1,329.99 Mil) to Apr. 2024 (円1,239.69 Mil).

Current Motor's annual cash and cash equivalents declined from Oct. 2021 (円956.20 Mil) to Oct. 2022 (円651.74 Mil) but then increased from Oct. 2022 (円651.74 Mil) to Oct. 2023 (円1,329.99 Mil).

Current Motor Cash And Cash Equivalents Historical Data

The historical data trend for Current Motor'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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Current Motor Cash And Cash Equivalents Chart

Current Motor Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash And Cash Equivalents

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347.20

573.94

956.20

651.74

1,329.99

Current Motor Semi-Annual Data
	Oct18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Cash And Cash Equivalents	Get a 7-Day Free Trial						843.20	651.74	1,249.27	1,329.99	1,239.69

Current Motor 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.

Current Motor (TSE:7690) 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.

Current Motor Cash And Cash Equivalents Related Terms

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Current Motor (TSE:7690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Current Motor Corp (TSE:7690) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-19 Utsukushigaoka, Aoba-ku, Kanagawa Prefecture, Yokohama-Shi, JPN, 225-0002

Website

https://www.currentmotor.co.jp

Current Motor Corp is engaged in sale and purchase of various car models. The company also provides repair and maintenance business and provide specialized parts for imported cars.

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