ITOCHU (FRA:IOC) Cash, Cash Equivalents, Marketable Securities : €4,231 Mil (As of Mar. 2024)

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What is ITOCHU Cash, Cash Equivalents, Marketable Securities?

ITOCHU's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (€4,534.57 Mil) to Dec. 2023 (€4,208.14 Mil) but then increased from Dec. 2023 (€4,208.14 Mil) to Mar. 2024 (€4,231.37 Mil).

ITOCHU's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (€5,550.36 Mil) to Mar. 2023 (€4,813.13 Mil) and declined from Mar. 2023 (€4,813.13 Mil) to Mar. 2024 (€4,231.37 Mil).

ITOCHU Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for ITOCHU'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.

ITOCHU Cash, Cash Equivalents, Marketable Securities Chart

ITOCHU Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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5,593.00

4,628.03

5,550.36

4,813.13

4,231.37

ITOCHU 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															4,813.13	4,749.45	4,534.57	4,208.14	4,231.37

ITOCHU 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.

ITOCHU (FRA:IOC) 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.

ITOCHU Cash, Cash Equivalents, Marketable Securities Related Terms

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ITOCHU (FRA:IOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ITOCHU Corp (FRA:IOC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

ITOCY:USA ITOCF:USA 8001:Japan IOC:Austria

Address

5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077

Website

https://www.itochu.co.jp

ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food and Energy and Chemicals. Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.