Shubhshree Biofuels Energy (NSE:SHUBHSHREE) Cash, Cash Equivalents, Marketable Securities : ₹159.3 Mil (As of Sep. 2024)

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What is Shubhshree Biofuels Energy Cash, Cash Equivalents, Marketable Securities?

Shubhshree Biofuels Energy's quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (₹12.01 Mil) to Mar. 2024 (₹19.28 Mil) and increased from Mar. 2024 (₹19.28 Mil) to Sep. 2024 (₹159.28 Mil).

Shubhshree Biofuels Energy's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹3.51 Mil) to Mar. 2023 (₹12.01 Mil) and increased from Mar. 2023 (₹12.01 Mil) to Mar. 2024 (₹19.28 Mil).

Shubhshree Biofuels Energy Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Shubhshree Biofuels Energy'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.

Shubhshree Biofuels Energy Cash, Cash Equivalents, Marketable Securities Chart

Shubhshree Biofuels Energy Annual Data

Trend

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

3.51

12.01

19.28

Shubhshree Biofuels Energy Semi-Annual Data
	Mar22	Mar23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	3.51	12.01	19.28	159.28

Shubhshree Biofuels Energy 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.

Shubhshree Biofuels Energy (NSE:SHUBHSHREE) 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.

Shubhshree Biofuels Energy Cash, Cash Equivalents, Marketable Securities Related Terms

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Shubhshree Biofuels Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shubhshree Biofuels Energy Ltd (NSE:SHUBHSHREE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Pandit T.N Mishra Marg, Plot No. 8 Ganesh Vihar B, Nirman Nagar, Shyam Nagar, Jaipur, RJ, IND, 302019

Website

https://www.shubhshreebiofuels.co.in

Shubhshree Biofuels Energy Ltd is engaged in the business of manufacturing & supplying of biomass fuels, which includes biomass pellets and briquettes. These biomass fuels are an alternative source of energy which are basically used in commercial and industrial heating, cooking fuel, industrial burning and electricity generation, as an alternative to fossil fuels like coal, firewood, lignite, Agri-waste, etc. The briquettes are majorly used for industrial purposes like running boilers etc. and the pellets are majorly used as cooking fuel or commercial purposes. The company is currently selling these pellets and briquettes to customers who are engaged in the business of recycling material, textile processing, pharmaceutical, metal, etc.

Shubhshree Biofuels Energy Headlines

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