VL E-Governance & IT Solutions (BOM:543958) Cash, Cash Equivalents, Marketable Securities : ₹0.7 Mil (As of Mar. 2024)

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What is VL E-Governance & IT Solutions Cash, Cash Equivalents, Marketable Securities?

VL E-Governance & IT Solutions's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₹1.49 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹0.68 Mil).

VL E-Governance & IT Solutions's annual cash, cash equivalents, marketable securities stayed the same from . 20 (₹0.00 Mil) to Mar. 2023 (₹0.00 Mil) but then increased from Mar. 2023 (₹0.00 Mil) to Mar. 2024 (₹0.68 Mil).

VL E-Governance & IT Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for VL E-Governance & IT Solutions'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.

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VL E-Governance & IT Solutions Cash, Cash Equivalents, Marketable Securities Chart

VL E-Governance & IT Solutions Annual Data

Trend

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

0.68

VL E-Governance & IT Solutions Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	-	1.49	-	0.68

VL E-Governance & IT Solutions 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.

VL E-Governance & IT Solutions (BOM:543958) 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.

VL E-Governance & IT Solutions Cash, Cash Equivalents, Marketable Securities Related Terms

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VL E-Governance & IT Solutions (BOM:543958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » VL E-Governance & IT Solutions Ltd (BOM:543958) » Definitions » Cash, Cash Equivalents, Marketable Securities

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VLEGOV:India

Address

Road No. 16, Plot No. 93, Vakrangee Corporate House, M.I.D.C Marol, Andheri East, Mumbai, MH, IND, 400093

Website

VL E Governance and IT Solutions Pvt Ltd is engaged in providing last-mile delivery services of parcels on behalf of e-commerce entities and courier booking services. The Company serves in Local, State and National markets only and hence there are no exports.

VL E-Governance & IT Solutions (BOM:543958) Headlines

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