Swaraj Suiting (NSE:SWARAJ) Cash, Cash Equivalents, Marketable Securities : ₹4 Mil (As of Mar. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Swaraj Suiting Cash, Cash Equivalents, Marketable Securities?

Swaraj Suiting's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (₹21.04 Mil) to Sep. 2022 (₹0.67 Mil) but then increased from Sep. 2022 (₹0.67 Mil) to Mar. 2023 (₹4.28 Mil).

Swaraj Suiting's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹0.49 Mil) to Mar. 2022 (₹21.04 Mil) but then declined from Mar. 2022 (₹21.04 Mil) to Mar. 2023 (₹4.28 Mil).

Swaraj Suiting Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Swaraj Suiting'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.

Swaraj Suiting Cash, Cash Equivalents, Marketable Securities Chart

Swaraj Suiting Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

0.52

11.46

0.49

21.04

4.28

Swaraj Suiting Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			0.49	0.61	21.04	0.67	4.28

Swaraj Suiting 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.

Swaraj Suiting (NSE:SWARAJ) 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.

Swaraj Suiting Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Swaraj Suiting's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Swaraj Suiting (NSE:SWARAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Swaraj Suiting Ltd (NSE:SWARAJ) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

RIICO Growth Centre, F-483 To F-487, Hamirgarh, Bhilwara, RJ, IND, 311025

Website

https://www.swarajsuiting.com

Swaraj Suiting Ltd is mainly engaged into the textile industry. It operates under various verticals namely manufacturing of denim, grey fabric, weaving on a Job Work basis, trading of the finished fabric and grey fabric and yarn. The company operates in four states Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. The company generates the majority of its revenue from Finish Fabrics sale.

Swaraj Suiting (NSE:SWARAJ) Headlines

No Headlines