SECOM Co (SECOM Co) Cash And Cash Equivalents : $3,979 Mil (As of Dec. 2023)

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What is SECOM Co Cash And Cash Equivalents?

SECOM Co's quarterly cash and cash equivalents declined from Jun. 2023 ($4,428.61 Mil) to Sep. 2023 ($4,106.55 Mil) but then stayed the same from Sep. 2023 ($4,106.55 Mil) to Dec. 2023 ($3,978.80 Mil).

SECOM Co's annual cash and cash equivalents declined from Mar. 2021 ($5,870.67 Mil) to Mar. 2022 ($5,556.20 Mil) and declined from Mar. 2022 ($5,556.20 Mil) to Mar. 2023 ($4,921.70 Mil).

SECOM Co Cash And Cash Equivalents Historical Data

The historical data trend for SECOM Co's Cash And Cash Equivalents 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.

SECOM Co Cash And Cash Equivalents Chart

SECOM Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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4,432.56

5,155.73

5,870.67

5,556.20

4,921.70

SECOM Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4,849.23	4,921.70	4,428.61	4,106.55	3,978.80

SECOM Co Cash And Cash Equivalents 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.

SECOM Co (OTCPK:SOMLY) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

SECOM Co Cash And Cash Equivalents Related Terms

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SECOM Co (SECOM Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SECOM Co Ltd (OTCPK:SOMLY) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SOMLF:USA 9735:Japan XSC:Germany

Address

5-1, Jingumae 1-chome, Shibuya-ku, Tokyo, JPN, 150-0001

Website

http://www.secom.co.jp

SECOM Co Ltd is a provider of security services and surveillance systems. The company operates seven business segments: security services, fire protection services, medical services, insurance services, geographic information services, information- and communication-related services, and real estate and other services. The largest segment by revenue, security services, offers electronic security services and systems, including online commercial and home security systems and large-scale surveillance services. Other segments offer fire protection and detection services, as well as medical dispensing services for home care and hospitals. The company generates most of its revenue in Japan.

SECOM Co (SECOM Co) Headlines

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