Odakyu Electric Railway Co (TSE:9007) Cash And Cash Equivalents : 円66,561 Mil (As of Sep. 2024)

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What is Odakyu Electric Railway Co Cash And Cash Equivalents?

Odakyu Electric Railway Co's quarterly cash and cash equivalents declined from Mar. 2024 (円60,662.00 Mil) to Jun. 2024 (円0.00 Mil) but then increased from Jun. 2024 (円0.00 Mil) to Sep. 2024 (円66,561.00 Mil).

Odakyu Electric Railway Co's annual cash and cash equivalents increased from Mar. 2022 (円21,982.00 Mil) to Mar. 2023 (円67,604.00 Mil) but then declined from Mar. 2023 (円67,604.00 Mil) to Mar. 2024 (円60,662.00 Mil).

Odakyu Electric Railway Co Cash And Cash Equivalents Historical Data

The historical data trend for Odakyu Electric Railway 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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Odakyu Electric Railway Co Cash And Cash Equivalents Chart

Odakyu Electric Railway Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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28,594.00

49,397.00

21,982.00

67,604.00

60,662.00

Odakyu Electric Railway Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															79,866.00	57,888.00	60,662.00	-	66,561.00

Odakyu Electric Railway 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.

Odakyu Electric Railway Co (TSE:9007) 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.

Odakyu Electric Railway Co Cash And Cash Equivalents Related Terms

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Odakyu Electric Railway Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Odakyu Electric Railway Co Ltd (TSE:9007) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

1-8-3 Nishishinjuku Shinjuku-ku, Tokyo, JPN, 160-8309

Website

http://www.odakyu.jp

Odakyu Electric Railway Co Ltd is a Japanese company which provides transportation services. The company has three reportable segments namely Transportation, Merchandising and Real Estate. The Transportation segment provides services through railway, bus, taxi, sightseeing boat, and ropeway. Merchandising segment operates departmental stores and supermarket. Real Estate segment is engaged in the sale of land and buildings, leasing of buildings and others. The company also offers services including hotel, restaurant, travel agent, golf course, railway maintenance service, building management and maintenance, advertising agency, horticulture and gardening, bookkeeping service, insurance agency, nursing and child care. The majority of the company's revenue comes from transportation business.

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