Nidec (FRA:NIB1) Ending Cash Position : €1,333 Mil (As of Mar. 2024)

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What is Nidec Ending Cash Position?

Nidec's Ending Cash Position for the quarter that ended in Mar. 2024 was €1,333 Mil.

Nidec's quarterly Ending Cash Position declined from Sep. 2023 (€1,308 Mil) to Dec. 2023 (€1,276 Mil) but then increased from Dec. 2023 (€1,276 Mil) to Mar. 2024 (€1,333 Mil).

Nidec's annual Ending Cash Position declined from Mar. 2022 (€1,529 Mil) to Mar. 2023 (€1,300 Mil) but then increased from Mar. 2023 (€1,300 Mil) to Mar. 2024 (€1,333 Mil).

Nidec Ending Cash Position Historical Data

The historical data trend for Nidec's Ending Cash Position 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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Nidec Ending Cash Position Chart

Nidec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Ending Cash Position

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1,739.83

1,696.43

1,528.85

1,300.39

1,332.58

Nidec Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Ending Cash Position	Get a 7-Day Free Trial															1,300.39	1,337.53	1,307.88	1,276.06	1,332.58

Nidec Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Nidec's Ending Cash Position for the fiscal year that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1142.784	+	189.792
	=	1,333

Nidec's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position	=	Beginning Cash Position	+	Net Change in Cash
	=	1230.35	+	102.226
	=	1,333

Nidec Ending Cash Position Related Terms

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Nidec (FRA:NIB1) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NNDNF:USA NJDCY:USA NIDEC:Mexico 6594:Japan NIB:Germany NIB:Austria

Address

338 Kuzetonoshiro-cho, Minami-ku, Kyoto, JPN, 601-8205

Website

http://www.nidec.com

Nidec is a global leader of brushless DC motors. Brushless DC motors have advantages over other types of motors in power efficiency, silence, and durability. Nidec possesses the number-one market share in a wide variety of products, such as hard disk drive motors, optical disk drive motors, vibration motors on handsets, brushless motors for inverter air conditioners, and brushless motors for electric power steering on automobiles. It continues to benefit from the growing demand for power-efficient motors, driven by strengthening environmental regulations. Nidec sets an ambitious target to increase its revenue to JPY 3 trillion in fiscal 2025 from JPY 1.9 trillion in fiscal 2021.

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