Keihan Holdings Co (TSE:9045) Cash And Cash Equivalents : 円15,629 Mil (As of Dec. 2023)

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What is Keihan Holdings Co Cash And Cash Equivalents?

Keihan Holdings Co's quarterly cash and cash equivalents declined from Jun. 2023 (円25,747.00 Mil) to Sep. 2023 (円15,444.00 Mil) but then increased from Sep. 2023 (円15,444.00 Mil) to Dec. 2023 (円15,629.00 Mil).

Keihan Holdings Co's annual cash and cash equivalents declined from Mar. 2022 (円20,327.00 Mil) to Mar. 2023 (円16,784.00 Mil) but then increased from Mar. 2023 (円16,784.00 Mil) to Mar. 2024 (円22,828.00 Mil).

Keihan Holdings Co Cash And Cash Equivalents Historical Data

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

Keihan Holdings Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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14,918.00

26,561.00

20,327.00

16,784.00

22,828.00

Keihan 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															16,784.00	25,747.00	15,444.00	15,629.00	22,828.00

Keihan 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.

Keihan Holdings Co (TSE:9045) 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.

Keihan Holdings Co Cash And Cash Equivalents Related Terms

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Keihan Holdings Co (TSE:9045) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Keihan Holdings Co Ltd (TSE:9045) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

59X:Germany

Address

1-7-31 Otemae, Chuo-ku, Osaka, JPN, 573-0032

Website

http://www.keihan.co.jp

Keihan Electric Railway is a Japanese conglomerate that operates four business segments: transportation, real estate, retail distribution, and leisure and service. Transportation includes a railway system as well as buses and bus services. Real estate, the largest segment by revenue, involves sales or leasing of real estate, wholesale of construction materials, and the design of real estate projects. Retail distribution operates department stores and malls. Leisure and service consists of hotel and sightseeing cruise businesses. The group also operates a credit card business.

Keihan Holdings Co (TSE:9045) Headlines

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