Saj Hotels (NSE:SAJHOTELS) Cash, Cash Equivalents, Marketable Securities : ₹6.23 Mil (As of Mar. 2024)

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What is Saj Hotels Cash, Cash Equivalents, Marketable Securities?

Saj Hotels's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (₹2.86 Mil) to Mar. 2023 (₹1.19 Mil) but then increased from Mar. 2023 (₹1.19 Mil) to Mar. 2024 (₹6.23 Mil).

Saj Hotels's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (₹2.86 Mil) to Mar. 2023 (₹1.19 Mil) but then increased from Mar. 2023 (₹1.19 Mil) to Mar. 2024 (₹6.23 Mil).

Saj Hotels Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Saj Hotels'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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Saj Hotels Cash, Cash Equivalents, Marketable Securities Chart

Saj Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

8.20

2.86

1.19

6.23

Saj Hotels Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Cash, Cash Equivalents, Marketable Securities	8.20	2.86	1.19	6.23

Saj Hotels 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.

Saj Hotels (NSE:SAJHOTELS) 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.

Saj Hotels Cash, Cash Equivalents, Marketable Securities Related Terms

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Saj Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Saj Hotels Ltd (NSE:SAJHOTELS) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

Bajaj Road, Office no. 102, 1st Floor, Navkar Plaza Premises Coop Society Ltd, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.sajresort.com

Saj Hotels Ltd is engaged in the Hospitality industry. The company provides a diverse portfolio of Business-to-Business, Business-to-business-to-customer, and Business-to-Customer hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. It focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities and event-hosting capabilities, reflecting a commitment to ensuring a memorable experience for its visitors. It offers various accommodation options across various destinations, each tailored to provide comfort and convenience. Its resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services.

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