Duncan Engineering (BOM:504908) Cash, Cash Equivalents, Marketable Securities : ₹316.2 Mil (As of Mar. 2024)

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What is Duncan Engineering Cash, Cash Equivalents, Marketable Securities?

Duncan Engineering's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₹299.25 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹316.23 Mil).

Duncan Engineering's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹154.23 Mil) to Mar. 2023 (₹285.29 Mil) and increased from Mar. 2023 (₹285.29 Mil) to Mar. 2024 (₹316.23 Mil).

Duncan Engineering Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Duncan Engineering's Cash, Cash Equivalents, Marketable Securities 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.

Duncan Engineering Cash, Cash Equivalents, Marketable Securities Chart

Duncan Engineering Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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20.40

65.33

154.23

285.29

316.23

Duncan Engineering Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															-	285.29	299.25	-	316.23

Duncan Engineering Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Duncan Engineering (BOM:504908) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Duncan Engineering Cash, Cash Equivalents, Marketable Securities Related Terms

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Duncan Engineering (BOM:504908) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Duncan Engineering Ltd (BOM:504908) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

F-33, MIDC, Ranjangaon, Koregoan, Shirur, Pune, MH, IND, 412 220

Website

https://www.duncanengg.com

Duncan Engineering Ltd is engaged in the manufacturing and assembling of fluid power and automation products. Its business segment is Fluid power automation, Automotive Tyres Valves and Accessories. The products offered by the group are Hydraulic cylinders, Pneumatic valves. Air cylinders, Rotary Actuator, Limit switch box, Control panels and others. The company has a business presence in India and Outside India. The majority of the revenue is generated from India.

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