P N Gadgil Jewellers (NSE:PNGJL) Cash, Cash Equivalents, Marketable Securities : ₹3,701 Mil (As of Sep. 2024)

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What is P N Gadgil Jewellers Cash, Cash Equivalents, Marketable Securities?

P N Gadgil Jewellers's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (₹280.52 Mil) to Mar. 2024 (₹374.88 Mil) and increased from Mar. 2024 (₹374.88 Mil) to Sep. 2024 (₹3,700.62 Mil).

P N Gadgil Jewellers's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹218.89 Mil) to Mar. 2023 (₹228.96 Mil) and increased from Mar. 2023 (₹228.96 Mil) to Mar. 2024 (₹374.88 Mil).

P N Gadgil Jewellers Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for P N Gadgil Jewellers'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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P N Gadgil Jewellers Cash, Cash Equivalents, Marketable Securities Chart

P N Gadgil Jewellers Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

88.10

218.89

228.96

374.88

P N Gadgil Jewellers Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			218.89	228.96	280.52	374.88	3,700.62

P N Gadgil Jewellers 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.

P N Gadgil Jewellers (NSE:PNGJL) 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.

P N Gadgil Jewellers Cash, Cash Equivalents, Marketable Securities Related Terms

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P N Gadgil Jewellers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » P N Gadgil Jewellers Ltd (NSE:PNGJL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

544256:India

Address

Chitrashala Chowk Laxmi Road, PNG Vishwa, 359, Narayan Peth, Pune, MH, IND, 411 030

Website

https://www.pngjewellers.com

P N Gadgil Jewellers Ltd offers a wide range of precious metal/jewellery products including gold, silver, platinum and diamond jewellery, across various price points and designs which cover the needs of its customers and include collections that are specifically designed for special occasions, such as weddings, engagements, anniversaries and festivals, as well as everyday wear jewellery. The company's products are primarily sold under its flagship brand, PNG, and various sub-brands, through multiple channels, including its approximately 33 retail stores and various online marketplaces, including the website.

P N Gadgil Jewellers Headlines

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