Autoserver Co (TSE:5589) Cash, Cash Equivalents, Marketable Securities : 円11,965 Mil (As of Dec. 2023)

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

Autoserver Co's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 (円10,992.63 Mil) to Sep. 2023 (円12,140.87 Mil) but then stayed the same from Sep. 2023 (円12,140.87 Mil) to Dec. 2023 (円11,965.12 Mil).

Autoserver Co's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (円8,487.09 Mil) to Dec. 2022 (円9,584.80 Mil) and increased from Dec. 2022 (円9,584.80 Mil) to Dec. 2023 (円11,965.12 Mil).

Autoserver Co Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Autoserver 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.

* Premium members only.

Autoserver Co Cash, Cash Equivalents, Marketable Securities Chart

Autoserver Co Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

8,487.09

9,584.80

11,965.12

Autoserver Co Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	8,487.09	9,584.80	10,992.63	12,140.87	11,965.12

Autoserver 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.

Autoserver Co (TSE:5589) 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.

Autoserver Co Cash, Cash Equivalents, Marketable Securities Related Terms

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Autoserver Co (TSE:5589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Autoserver Co Ltd (TSE:5589) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-8-8 Harumi, Triton Square Office Tower W Building 14th floor, Chuo-ku, Tokyo, JPN, 104-0053

Website

https://www.autoserver.co.jp

Autoserver Co Ltd is engaged in used car auction agency service and brokerage service for used car dealers on the website. The used car distribution platform ASNET operated by the company is a used car distribution web service that can be used by used car dealers and automobile-related businesses with no membership fee or monthly membership fee.

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