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Rashi Peripherals (NSE:RPTECH) Cash, Cash Equivalents, Marketable Securities : ₹185 Mil (As of Sep. 2023)


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What is Rashi Peripherals Cash, Cash Equivalents, Marketable Securities?

Rashi Peripherals's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹346.29 Mil) but then stayed the same from Mar. 2023 (₹346.29 Mil) to Sep. 2023 (₹185.42 Mil).

Rashi Peripherals's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹289.47 Mil) to Mar. 2022 (₹451.94 Mil) but then declined from Mar. 2022 (₹451.94 Mil) to Mar. 2023 (₹346.29 Mil).

Rashi Peripherals Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rashi Peripherals'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.

Rashi Peripherals Cash, Cash Equivalents, Marketable Securities Chart

Rashi Peripherals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Cash, Cash Equivalents, Marketable Securities
49.69 289.47 451.94 346.29

Rashi Peripherals Quarterly Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 289.47 451.94 - 346.29 185.42

Rashi Peripherals 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.

Rashi Peripherals  (NSE:RPTECH) 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.

Rashi Peripherals Cash, Cash Equivalents, Marketable Securities Related Terms

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Rashi Peripherals (NSE:RPTECH) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rashi Peripherals Ltd (NSE:RPTECH) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

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