Ricksoft Co (TSE:4429) Cash, Cash Equivalents, Marketable Securities : 円3,158 Mil (As of Feb. 2024)

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What is Ricksoft Co Cash, Cash Equivalents, Marketable Securities?

Ricksoft Co's quarterly cash, cash equivalents, marketable securities increased from Aug. 2023 (円2,838.39 Mil) to Nov. 2023 (円3,047.23 Mil) and increased from Nov. 2023 (円3,047.23 Mil) to Feb. 2024 (円3,157.96 Mil).

Ricksoft Co's annual cash, cash equivalents, marketable securities increased from Feb. 2022 (円2,088.91 Mil) to Feb. 2023 (円3,070.80 Mil) and increased from Feb. 2023 (円3,070.80 Mil) to Feb. 2024 (円3,157.96 Mil).

Ricksoft Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ricksoft Co'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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Ricksoft Co Cash, Cash Equivalents, Marketable Securities Chart

Ricksoft Co Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Cash, Cash Equivalents, Marketable Securities

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1,458.40

1,944.02

2,088.91

3,070.80

3,157.96

Ricksoft Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															3,070.80	2,820.88	2,838.39	3,047.23	3,157.96

Ricksoft Co 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.

Ricksoft Co (TSE:4429) 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.

Ricksoft Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Ricksoft Co (TSE:4429) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ricksoft Co Ltd (TSE:4429) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Address

Otemachi Nomura Buolding 8th Floor, 2-1-1, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.ricksoft.jp

Ricksoft Co Ltd offers software product implementation consulting, virtualization, implementation design, plugin development, and related services. The company provides WBS Gantt-Chart for JIRA, an add-on that offers visualizing project progress solutions for project management, issue management, and task status management.

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