Trident Techlabs (NSE:TECHLABS) Cash, Cash Equivalents, Marketable Securities : ₹4.5 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Trident Techlabs Cash, Cash Equivalents, Marketable Securities?

Trident Techlabs's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 (₹3.84 Mil) to Mar. 2023 (₹2.89 Mil) but then increased from Mar. 2023 (₹2.89 Mil) to Mar. 2024 (₹4.45 Mil).

Trident Techlabs's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (₹3.84 Mil) to Mar. 2023 (₹2.89 Mil) but then increased from Mar. 2023 (₹2.89 Mil) to Mar. 2024 (₹4.45 Mil).

Trident Techlabs Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Trident Techlabs'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.

Trident Techlabs Cash, Cash Equivalents, Marketable Securities Chart

Trident Techlabs Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

18.64

3.84

2.89

4.45

Trident Techlabs Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Cash, Cash Equivalents, Marketable Securities	18.64	3.84	2.89	4.45

Trident Techlabs 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.

Trident Techlabs (NSE:TECHLABS) 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.

Trident Techlabs Cash, Cash Equivalents, Marketable Securities Related Terms

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

Trident Techlabs Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trident Techlabs Ltd (NSE:TECHLABS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055

Website

https://www.tridenttechlabs.com

Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

Trident Techlabs Headlines

No Headlines