Silkflex Polymers (India) (NSE:SILKFLEX) Cash, Cash Equivalents, Marketable Securities : ₹3.9 Mil (As of Sep. 2024)

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What is Silkflex Polymers (India) Cash, Cash Equivalents, Marketable Securities?

Silkflex Polymers (India)'s quarterly cash, cash equivalents, marketable securities increased from Mar. 2023 (₹0.38 Mil) to Sep. 2023 (₹33.57 Mil) but then stayed the same from Sep. 2023 (₹33.57 Mil) to Sep. 2024 (₹3.91 Mil).

Silkflex Polymers (India)'s annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹0.54 Mil) to Mar. 2022 (₹0.39 Mil) and declined from Mar. 2022 (₹0.39 Mil) to Mar. 2023 (₹0.38 Mil).

Silkflex Polymers (India) Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Silkflex Polymers (India)'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.

Silkflex Polymers (India) Cash, Cash Equivalents, Marketable Securities Chart

Silkflex Polymers (India) Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

0.54

0.39

0.38

Silkflex Polymers (India) Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Sep24
Cash, Cash Equivalents, Marketable Securities	0.54	0.39	0.38	33.57	3.91

Silkflex Polymers (India) 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.

Silkflex Polymers (India) (NSE:SILKFLEX) 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.

Silkflex Polymers (India) Cash, Cash Equivalents, Marketable Securities Related Terms

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Silkflex Polymers (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Silkflex Polymers (India) Ltd (NSE:SILKFLEX) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302

Website

https://www.silkflexindia.in

Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.

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