Arihant Academy (NSE:ARIHANTACA) Cash, Cash Equivalents, Marketable Securities : ₹181.8 Mil (As of Sep. 2023)

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What is Arihant Academy Cash, Cash Equivalents, Marketable Securities?

Arihant Academy's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (₹0.00 Mil) to Mar. 2023 (₹154.64 Mil) and increased from Mar. 2023 (₹154.64 Mil) to Sep. 2023 (₹181.75 Mil).

Arihant Academy's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹5.38 Mil) to Mar. 2022 (₹30.85 Mil) and increased from Mar. 2022 (₹30.85 Mil) to Mar. 2023 (₹154.64 Mil).

Arihant Academy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Arihant Academy'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.

Arihant Academy Cash, Cash Equivalents, Marketable Securities Chart

Arihant Academy Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

3.70

5.38

30.85

154.64

Arihant Academy Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			30.85	-	-	154.64	181.75

Arihant Academy 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.

Arihant Academy (NSE:ARIHANTACA) 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.

Arihant Academy Cash, Cash Equivalents, Marketable Securities Related Terms

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Arihant Academy (NSE:ARIHANTACA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Arihant Academy Ltd (NSE:ARIHANTACA) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Carter Road No. 3, Ground Floor, Triveni Sadan, Opposite Ambe Mata Temple, Borivali (East), Mumbai, MH, IND, 400 066

Website

https://www.arihantacademy.com

Arihant Academy Ltd is engaged in providing coaching services and parallel educational support in India. It is a coaching institute for SSC, ICSE, Science & Commerce, and also for entrance exams such as JEE (Main), JEE (Advanced) and MHT- CET (State level), NEET (National Level), MHT- CET (State Level, Maharashtra), CS and CA for the entry-level and second level exam. The company generates key revenue from coaching services. It provides a comprehensive range of coaching services to students across various fields: Secondary School Section (SSC, ICSE & CBSE BOARD) and Higher Secondary Section.

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