Sanyo Shokai (TSE:8011) Cash And Cash Equivalents : 円19,328 Mil (As of Nov. 2023)

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What is Sanyo Shokai Cash And Cash Equivalents?

Sanyo Shokai's quarterly cash and cash equivalents declined from May. 2023 (円20,732.00 Mil) to Aug. 2023 (円19,897.00 Mil) but then stayed the same from Aug. 2023 (円19,897.00 Mil) to Nov. 2023 (円19,328.00 Mil).

Sanyo Shokai's annual cash and cash equivalents declined from Feb. 2021 (円19,652.00 Mil) to Feb. 2022 (円18,767.00 Mil) but then increased from Feb. 2022 (円18,767.00 Mil) to Feb. 2023 (円20,896.00 Mil).

Sanyo Shokai Cash And Cash Equivalents Historical Data

The historical data trend for Sanyo Shokai'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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Sanyo Shokai Cash And Cash Equivalents Chart

Sanyo Shokai Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Feb21

Feb22

Feb23

Cash And Cash Equivalents

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18,077.00

10,894.00

19,652.00

18,767.00

20,896.00

Sanyo Shokai Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Cash And Cash Equivalents	Get a 7-Day Free Trial															17,148.00	20,896.00	20,732.00	19,897.00	19,328.00

Sanyo Shokai 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.

Sanyo Shokai (TSE:8011) 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.

Sanyo Shokai Cash And Cash Equivalents Related Terms

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Sanyo Shokai (TSE:8011) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Sanyo Shokai Ltd (TSE:8011) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

6-14 Honshiocho, Shinjuku-ku, Tokyo, JPN, 160-0003

Website

https://www.sanyo-shokai.co.jp

Sanyo Shokai Ltd is a Japan-based company, engages in the manufacture and sale of textile products. It is involved in the business of manufacturing and sale of men's clothing, ladies and accessories sales of products at department stores, specialty shops, directly managed stores nationwide. It is also engaged in the business of the lease and rent of real estate properties.

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