Greenchef Appliances (NSE:GREENCHEF) Cash, Cash Equivalents, Marketable Securities : ₹411 Mil (As of Mar. 2024)

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What is Greenchef Appliances Cash, Cash Equivalents, Marketable Securities?

Greenchef Appliances's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (₹16.67 Mil) to Mar. 2023 (₹15.90 Mil) but then increased from Mar. 2023 (₹15.90 Mil) to Mar. 2024 (₹411.40 Mil).

Greenchef Appliances's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (₹16.67 Mil) to Mar. 2023 (₹15.90 Mil) but then increased from Mar. 2023 (₹15.90 Mil) to Mar. 2024 (₹411.40 Mil).

Greenchef Appliances Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Greenchef Appliances'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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Greenchef Appliances Cash, Cash Equivalents, Marketable Securities Chart

Greenchef Appliances Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

6.38

14.74

16.67

15.90

411.40

Greenchef Appliances Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23	Mar24
Cash, Cash Equivalents, Marketable Securities	6.38	14.74	16.67	15.90	411.40

Greenchef Appliances 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.

Greenchef Appliances (NSE:GREENCHEF) 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.

Greenchef Appliances Cash, Cash Equivalents, Marketable Securities Related Terms

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Greenchef Appliances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Greenchef Appliances Ltd (NSE:GREENCHEF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Niduvanda Village, Sompura Hobli, Plot No. 246, Sompura 1st Stage, Sy No. 133 & 141, Nelemangala Taluk Devarahosahalli Nelamangala, Bengaluru, KA, IND, 562111

Website

https://www.greenchef.in

Greenchef Appliances Ltd is engaged in the business of manufacturing and marketing a wide range of kitchen appliances under the brand name Greenchef. The kitchen appliances of the company include a wide range of solutions comprising Gas Stoves, Pressure Cookers, Mixer Grinders, Wet Grinders, Electric Rice Cooker, Induction Cooktops, Non-stick Cookwares like Tawa, Fry Pans, Kadai, Biriyani Pot, Tadka Pan, Paniyarakkal, Appamchetty, etc, Kettles, Hose Pipes, Gas Cylinder Trolley and others. The products of the company are offered at different pricing points to meet diverse customer requirements.

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