Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) Cash, Cash Equivalents, Marketable Securities : ₹8.2 Mil (As of Mar. 2024)

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What is Jiwanram Sheoduttrai Industries Cash, Cash Equivalents, Marketable Securities?

Jiwanram Sheoduttrai Industries's quarterly cash, cash equivalents, marketable securities increased from Mar. 2022 (₹6.49 Mil) to Mar. 2023 (₹8.00 Mil) and increased from Mar. 2023 (₹8.00 Mil) to Mar. 2024 (₹8.16 Mil).

Jiwanram Sheoduttrai Industries's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹6.49 Mil) to Mar. 2023 (₹8.00 Mil) and increased from Mar. 2023 (₹8.00 Mil) to Mar. 2024 (₹8.16 Mil).

Jiwanram Sheoduttrai Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Jiwanram Sheoduttrai Industries'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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Jiwanram Sheoduttrai Industries Cash, Cash Equivalents, Marketable Securities Chart

Jiwanram Sheoduttrai Industries Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

12.93

6.49

8.00

8.16

Jiwanram Sheoduttrai Industries Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Cash, Cash Equivalents, Marketable Securities	12.93	6.49	8.00	8.16

Jiwanram Sheoduttrai Industries 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.

Jiwanram Sheoduttrai Industries (NSE:JIWANRAM) 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.

Jiwanram Sheoduttrai Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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Jiwanram Sheoduttrai Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Jiwanram Sheoduttrai Industries Ltd (NSE:JIWANRAM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shilpangan, LB 1, Module 301 & 302, Phase -1, Sector III, Kolkata, WB, IND, 700098

Website

https://www.jiwanramgroup.com

Jiwanram Sheoduttrai Industries Ltd is engaged in the manufacturing and export of Industrial Safety Gloves and Garments which provides customized solutions in the field of Industrial Safety. Its Products are well-accepted for their quality which covers all its manufacturing range of Gloves, Industrial Garments and other protective PPEs and solution baskets for Industrial Safety. It is majorly engaged in the business of manufacturing and exporting for various brands.

Jiwanram Sheoduttrai Industries Headlines

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