Vinyas Innovative Technologies (NSE:VINYAS) Cash, Cash Equivalents, Marketable Securities : ₹45 Mil (As of Mar. 2023)

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

What is Vinyas Innovative Technologies Cash, Cash Equivalents, Marketable Securities?

Vinyas Innovative Technologies's quarterly cash, cash equivalents, marketable securities increased from Mar. 2021 (₹49.49 Mil) to Mar. 2022 (₹65.66 Mil) but then stayed the same from Mar. 2022 (₹65.66 Mil) to Mar. 2023 (₹44.58 Mil).

Vinyas Innovative Technologies's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹49.49 Mil) to Mar. 2022 (₹65.66 Mil) but then declined from Mar. 2022 (₹65.66 Mil) to Mar. 2023 (₹44.58 Mil).

Vinyas Innovative Technologies Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Vinyas Innovative 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.

* Premium members only.

Vinyas Innovative Technologies Cash, Cash Equivalents, Marketable Securities Chart

Vinyas Innovative Technologies Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

49.49

65.66

44.58

Vinyas Innovative Technologies Semi-Annual Data
	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	49.49	65.66	44.58

Vinyas Innovative 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.

Vinyas Innovative Technologies (NSE:VINYAS) 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.

Vinyas Innovative Technologies Cash, Cash Equivalents, Marketable Securities Related Terms

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

Vinyas Innovative Technologies (NSE:VINYAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vinyas Innovative Technologies Ltd (NSE:VINYAS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018

Website

https://www.vinyasit.com

Vinyas Innovative Technologies Ltd is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.

Vinyas Innovative Technologies (NSE:VINYAS) Headlines

No Headlines