Appollo Ispat Complex (DHA:APOLOISPAT) Cash, Cash Equivalents, Marketable Securities : BDT48 Mil (As of Mar. 2019)

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What is Appollo Ispat Complex Cash, Cash Equivalents, Marketable Securities?

Appollo Ispat Complex's quarterly cash, cash equivalents, marketable securities increased from Sep. 2018 (BDT211.38 Mil) to Dec. 2018 (BDT220.04 Mil) but then stayed the same from Dec. 2018 (BDT220.04 Mil) to Mar. 2019 (BDT48.00 Mil).

Appollo Ispat Complex's annual cash, cash equivalents, marketable securities declined from Jun. 2016 (BDT80.56 Mil) to Jun. 2017 (BDT21.35 Mil) but then increased from Jun. 2017 (BDT21.35 Mil) to Jun. 2018 (BDT123.89 Mil).

Appollo Ispat Complex Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Appollo Ispat Complex'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.

Appollo Ispat Complex Cash, Cash Equivalents, Marketable Securities Chart

Appollo Ispat Complex Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Cash, Cash Equivalents, Marketable Securities

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59.36

61.11

80.56

21.35

123.89

Appollo Ispat Complex Quarterly Data
	Mar14	Jun14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															102.07	123.89	211.38	220.04	48.00

Appollo Ispat Complex 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.

Appollo Ispat Complex (DHA:APOLOISPAT) 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.

Appollo Ispat Complex Cash, Cash Equivalents, Marketable Securities Related Terms

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Appollo Ispat Complex (DHA:APOLOISPAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Appollo Ispat Complex Ltd (DHA:APOLOISPAT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

407, Tejgaon Industrial Area, 4th Floor, Phoenix Tower, Dhaka, BGD, 1208

Website

http://www.appollo-ispat.com

Appollo Ispat Complex Ltd manufactures and sells corrugated iron sheets in Bangladesh and internationally. It offers cold rolled coils; iron or steel galvanized sheets/coils; and ridges. The company's products are used for roofing of new factories, warehouses, and sheds in industrial applications; roofing cow sheds, the roofing and side fencing of poultry farms, and the fencing of agricultural projects; and roofing small shops, shutter as well as for fencing around the construction area.

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