Fast Accounting Co (TSE:5588) Cash, Cash Equivalents, Marketable Securities : 円1,603 Mil (As of Dec. 2024)

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What is Fast Accounting Co Cash, Cash Equivalents, Marketable Securities?

Fast Accounting Co's quarterly cash, cash equivalents, marketable securities declined from Mar. 2024 (円1,381.67 Mil) to Jun. 2024 (円1,333.90 Mil) but then increased from Jun. 2024 (円1,333.90 Mil) to Dec. 2024 (円1,603.25 Mil).

Fast Accounting Co's annual cash, cash equivalents, marketable securities increased from Dec. 2022 (円603.79 Mil) to Dec. 2023 (円1,302.49 Mil) and increased from Dec. 2023 (円1,302.49 Mil) to Dec. 2024 (円1,603.25 Mil).

Fast Accounting Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fast Accounting 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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Fast Accounting Co Cash, Cash Equivalents, Marketable Securities Chart

Fast Accounting Co Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash, Cash Equivalents, Marketable Securities

538.44

603.79

1,302.49

1,603.25

Fast Accounting Co Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			1,263.68	1,302.49	1,381.67	1,333.90	1,603.25

Fast Accounting 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.

Fast Accounting Co (TSE:5588) 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.

Fast Accounting Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Fast Accounting Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fast Accounting Co Ltd (TSE:5588) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

1-6-15 Hamamatsucho, VORT Hamamatsucho I 3rd Floor, Minato-ku, Tokyo, JPN, 105-0013

Website

https://www.fastaccounting.jp

Fast Accounting Co Ltd is engaged in AI solution business specializing in the field of accounting. Its services include invoice Automation of input/confirmation, Automated invoice matching, Automate receipt input/confirmation, Automated receipt matching and others.

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