Arabian Petroleum (NSE:ARABIAN) Cash, Cash Equivalents, Marketable Securities : ₹7 Mil (As of Mar. 2023)

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What is Arabian Petroleum Cash, Cash Equivalents, Marketable Securities?

Arabian Petroleum's quarterly cash, cash equivalents, marketable securities increased from Mar. 2021 (₹1.83 Mil) to Mar. 2022 (₹2.40 Mil) and increased from Mar. 2022 (₹2.40 Mil) to Mar. 2023 (₹6.85 Mil).

Arabian Petroleum's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹1.83 Mil) to Mar. 2022 (₹2.40 Mil) and increased from Mar. 2022 (₹2.40 Mil) to Mar. 2023 (₹6.85 Mil).

Arabian Petroleum Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Arabian Petroleum'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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Arabian Petroleum Cash, Cash Equivalents, Marketable Securities Chart

Arabian Petroleum Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

1.40

9.57

1.83

2.40

6.85

Arabian Petroleum Semi-Annual Data
	Mar19	Mar20	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	1.40	9.57	1.83	2.40	6.85

Arabian Petroleum 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.

Arabian Petroleum (NSE:ARABIAN) 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.

Arabian Petroleum Cash, Cash Equivalents, Marketable Securities Related Terms

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Arabian Petroleum (NSE:ARABIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Arabian Petroleum Ltd (NSE:ARABIAN) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 14-B, Morivali M.I.D.C, Opp. Positive Packaging, Ambernath West, Thane, MH, IND, 421505

Website

https://www.arabianpetroleum.co.in

Arabian Petroleum Ltd is a company engaged in the business of manufacturing wide range of Lubricants including Specialty Oils, Coolants etc ,used for Industrial and Automotive applications. Our business is categorized into two distinctive product division which includes Automotive Lubricants - Arzol and Industrial Lubricants - SPL.

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