Srivari Spices and Foods (NSE:SSFL) Cash, Cash Equivalents, Marketable Securities : ₹0.1 Mil (As of Mar. 2023)

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What is Srivari Spices and Foods Cash, Cash Equivalents, Marketable Securities?

Srivari Spices and Foods's quarterly cash, cash equivalents, marketable securities declined from Mar. 2021 (₹2.57 Mil) to Mar. 2022 (₹0.50 Mil) but then stayed the same from Mar. 2022 (₹0.50 Mil) to Mar. 2023 (₹0.13 Mil).

Srivari Spices and Foods's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹2.57 Mil) to Mar. 2022 (₹0.50 Mil) and declined from Mar. 2022 (₹0.50 Mil) to Mar. 2023 (₹0.13 Mil).

Srivari Spices and Foods Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Srivari Spices and Foods'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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Srivari Spices and Foods Cash, Cash Equivalents, Marketable Securities Chart

Srivari Spices and Foods Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

2.57

0.50

0.13

Srivari Spices and Foods Semi-Annual Data
	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	2.57	0.50	0.13

Srivari Spices and Foods 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.

Srivari Spices and Foods (NSE:SSFL) 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.

Srivari Spices and Foods Cash, Cash Equivalents, Marketable Securities Related Terms

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Srivari Spices and Foods (NSE:SSFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Srivari Spices and Foods Ltd (NSE:SSFL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

207, Second Floor, RDB Blue Hope, 4-1-878, 876, 877 and 877/1, Abids, Hyderabad, TG, IND, 500001

Website

https://www.srivarispices.com

Srivari Spices and Foods Ltd is engaged in the business of manufacturing spices and flour (chakki atta) and marketing and selling them in and around Telangana and Andhra Pradesh. The company handpicks its raw materials from various parts of the country and processes its products with utmost care without the use of artificial preservatives or chemicals, thereby creating a product portfolio of organic spices and flour, which carry the freshness and goodness of each ingredient.

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