Daiei Kankyo Co (TSE:9336) Cash And Cash Equivalents : 円40,107 Mil (As of Dec. 2023)

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What is Daiei Kankyo Co Cash And Cash Equivalents?

Daiei Kankyo Co's quarterly cash and cash equivalents increased from Jun. 2023 (円39,911.00 Mil) to Sep. 2023 (円42,515.00 Mil) but then stayed the same from Sep. 2023 (円42,515.00 Mil) to Dec. 2023 (円40,107.00 Mil).

Daiei Kankyo Co's annual cash and cash equivalents declined from Mar. 2022 (円57,845.00 Mil) to Mar. 2023 (円51,410.00 Mil) and declined from Mar. 2023 (円51,410.00 Mil) to Mar. 2024 (円49,022.00 Mil).

Daiei Kankyo Co Cash And Cash Equivalents Historical Data

The historical data trend for Daiei Kankyo 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.

* Premium members only.

Daiei Kankyo Co Cash And Cash Equivalents Chart

Daiei Kankyo Co Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

59,827.00

57,845.00

51,410.00

49,022.00

Daiei Kankyo Co Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial				51,410.00	39,911.00	42,515.00	40,107.00	49,022.00

Daiei Kankyo 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.

Daiei Kankyo Co (TSE:9336) 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.

Daiei Kankyo Co Cash And Cash Equivalents Related Terms

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Daiei Kankyo Co (TSE:9336) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Daiei Kankyo Co Ltd (TSE:9336) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-9-1 Koyo-cho, Kobe Fashion Plaza, Higashinada-ku, Hyogo Prefecture, Kobe, JPN, 658-0032

Website

https://www.dinsgr.co.jp

Daiei Kankyo Co Ltd is a engaged in the waste-related business. It focuses on collection and transportation, intermediate treatment and recycling, and final disposal of both general and industrial waste and valuable resource recycing business.

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