Synoptics Technologies (NSE:SYNOPTICS) Cash, Cash Equivalents, Marketable Securities : ₹16.6 Mil (As of Mar. 2022)

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What is Synoptics Technologies Cash, Cash Equivalents, Marketable Securities?

Synoptics Technologies's quarterly cash, cash equivalents, marketable securities declined from Mar. 2020 (₹28.91 Mil) to Mar. 2021 (₹7.85 Mil) but then increased from Mar. 2021 (₹7.85 Mil) to Mar. 2022 (₹16.57 Mil).

Synoptics Technologies's annual cash, cash equivalents, marketable securities declined from Mar. 2020 (₹28.91 Mil) to Mar. 2021 (₹7.85 Mil) but then increased from Mar. 2021 (₹7.85 Mil) to Mar. 2022 (₹16.57 Mil).

Synoptics Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Synoptics Technologies'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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Synoptics Technologies Cash, Cash Equivalents, Marketable Securities Chart

Synoptics Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Cash, Cash Equivalents, Marketable Securities

28.91

7.85

16.57

Synoptics Technologies Semi-Annual Data
	Mar20	Mar21	Mar22
Cash, Cash Equivalents, Marketable Securities	28.91	7.85	16.57

Synoptics Technologies 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.

Synoptics Technologies (NSE:SYNOPTICS) 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.

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Synoptics Technologies Ltd (NSE:SYNOPTICS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064

Website

https://synoptics.co.in

Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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