Travels & Rentals (BOM:544242) Cash, Cash Equivalents, Marketable Securities : ₹5.28 Mil (As of Sep. 2024)

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What is Travels & Rentals Cash, Cash Equivalents, Marketable Securities?

Travels & Rentals's quarterly cash, cash equivalents, marketable securities declined from Dec. 2023 (₹4.88 Mil) to Mar. 2024 (₹4.17 Mil) but then increased from Mar. 2024 (₹4.17 Mil) to Sep. 2024 (₹5.28 Mil).

Travels & Rentals's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹3.47 Mil) to Mar. 2023 (₹3.50 Mil) and increased from Mar. 2023 (₹3.50 Mil) to Mar. 2024 (₹4.17 Mil).

Travels & Rentals Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Travels & Rentals'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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Travels & Rentals Cash, Cash Equivalents, Marketable Securities Chart

Travels & Rentals Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

3.04

3.47

3.50

4.17

Travels & Rentals Quarterly Data
	Mar21	Mar22	Mar23	Dec23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			3.47	3.50	4.88	4.17	5.28

Travels & Rentals 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.

Travels & Rentals (BOM:544242) 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.

Travels & Rentals Cash, Cash Equivalents, Marketable Securities Related Terms

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Travels & Rentals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travels & Rentals Ltd (BOM:544242) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

161, Lenin Sarani, Dharmatala, Kolkata, WB, IND, 700013

Website

https://www.travelsandrentals.in

Travels & Rentals Ltd is engaged in the business of travel agency with a focus on air, hotel, car and other related activities. It offers a comprehensive range of travel-related products and services for end-to-end travel solutions, including airline tickets, hotels and tour packages, rail tickets as well as ancillary value-added services such as travel insurance, passport & visa processing and tickets for activities and attractions.

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