Laox Holdings Co (TSE:8202) Cash And Cash Equivalents : 円10,425 Mil (As of Mar. 2024)

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What is Laox Holdings Co Cash And Cash Equivalents?

Laox Holdings Co's quarterly cash and cash equivalents increased from Sep. 2023 (円10,101.00 Mil) to Dec. 2023 (円11,156.00 Mil) but then stayed the same from Dec. 2023 (円11,156.00 Mil) to Mar. 2024 (円10,425.00 Mil).

Laox Holdings Co's annual cash and cash equivalents declined from Dec. 2021 (円10,819.00 Mil) to Dec. 2022 (円10,480.00 Mil) but then increased from Dec. 2022 (円10,480.00 Mil) to Dec. 2023 (円11,156.00 Mil).

Laox Holdings Co Cash And Cash Equivalents Historical Data

The historical data trend for Laox Holdings 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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Laox Holdings Co Cash And Cash Equivalents Chart

Laox Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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14,476.00

12,857.00

10,819.00

10,480.00

11,156.00

Laox Holdings 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															9,944.00	9,145.00	10,101.00	11,156.00	10,425.00

Laox Holdings 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.

Laox Holdings Co (TSE:8202) 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.

Laox Holdings Co Cash And Cash Equivalents Related Terms

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Laox Holdings Co (TSE:8202) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Laox Holdings Co Ltd (TSE:8202) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

15F Sumitomo Shibakoen Building, 2-7-17 Shiba, Minato-ku, Tokyo, JPN

Website

http://www.laox.co.jp

Laox Holdings Co Ltd is a Japan-based Duty-Free store company. It is engaged in the Retail business, Lifestyle fashion business, Entertainment business, and SC development project. The Retail business includes various products which it sells in real stores and through online sales, Lifestyle fashion business consists fashion related products along with interior goods, and others. The Entertainment business involves platforms such as eating, drinking, leisure, sports facilities and services such as restaurants and transportation, and the SC development project operates and manages complex commercial facilities.

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