Innokaiz India (BOM:543905) Cash, Cash Equivalents, Marketable Securities : ₹153.1 Mil (As of Sep. 2023)

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What is Innokaiz India Cash, Cash Equivalents, Marketable Securities?

Innokaiz India's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (₹80.91 Mil) to Sep. 2022 (₹0.00 Mil) but then increased from Sep. 2022 (₹0.00 Mil) to Sep. 2023 (₹153.10 Mil).

Innokaiz India's annual cash, cash equivalents, marketable securities declined from Mar. 2020 (₹89.43 Mil) to Mar. 2021 (₹65.62 Mil) but then increased from Mar. 2021 (₹65.62 Mil) to Mar. 2022 (₹80.91 Mil).

Innokaiz India Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Innokaiz India'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.

Innokaiz India Cash, Cash Equivalents, Marketable Securities Chart

Innokaiz India Annual Data

Trend

Mar20

Mar21

Mar22

Cash, Cash Equivalents, Marketable Securities

89.43

65.62

80.91

Innokaiz India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Sep23
Cash, Cash Equivalents, Marketable Securities	89.43	65.62	80.91	-	153.10

Innokaiz India 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.

Innokaiz India (BOM:543905) 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.

Innokaiz India Cash, Cash Equivalents, Marketable Securities Related Terms

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Innokaiz India (BOM:543905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Innokaiz India Ltd (BOM:543905) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Josier Street, Flat No. 1, 4th Floor, Door No. 43, Old No. 22, Real Enclave, Nungambakkam, Chennai, TN, IND, 600034

Website

https://www.innokaizindia.com

Innokaiz India Ltd is a corporate services and solutions provider Company. The company offers a comprehensive range of services covering Advertising and Marketing Solutions including Digital Marketing, Corporate Travel Arrangements, Gifting Solutions, Event Management, etc. Geographically It operates only in India. It has also ventured into new business verticals i.e., E-Commerce Business.

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