Rungta Irrigation (BOM:530449) Cash, Cash Equivalents, Marketable Securities : ₹1 Mil (As of Mar. 2024)

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What is Rungta Irrigation Cash, Cash Equivalents, Marketable Securities?

Rungta Irrigation's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₹1.31 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹1.21 Mil).

Rungta Irrigation's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹0.99 Mil) to Mar. 2023 (₹1.09 Mil) and increased from Mar. 2023 (₹1.09 Mil) to Mar. 2024 (₹1.21 Mil).

Rungta Irrigation Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rungta Irrigation'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.

Rungta Irrigation Cash, Cash Equivalents, Marketable Securities Chart

Rungta Irrigation Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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53.71

9.05

0.99

1.09

1.21

Rungta Irrigation Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.09	-	1.31	-	1.21

Rungta Irrigation 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.

Rungta Irrigation (BOM:530449) 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.

Rungta Irrigation Cash, Cash Equivalents, Marketable Securities Related Terms

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Rungta Irrigation (BOM:530449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Rungta Irrigation Ltd (BOM:530449) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Rajendra Place, 101, Pragati Tower 26, New Delhi, IND, 110008

Website

https://www.rungtairrigation.in

Rungta Irrigation Ltd is primarily engaged in the activity of manufacturing, designing, assembling, and marketing of Sprinkler Irrigation systems. The company has two production units at Ghaziabad and Yanam. Its product portfolio includes the HDPE sprinkler irrigation system, Rungta drip irrigation system, HDPE piping systems, Elastomeric u PVC pipes, Blue casing pipes for bore wells, Electrical conduits pipes, Rigid PVC pipes, and Mini sprinkler irrigation systems.

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