CLC Industries (BOM:521082) Cash And Cash Equivalents : ₹17.81 Mil (As of Mar. 2023)

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What is CLC Industries Cash And Cash Equivalents?

CLC Industries's quarterly cash and cash equivalents increased from Mar. 2019 (₹10.58 Mil) to Mar. 2022 (₹18.81 Mil) but then stayed the same from Mar. 2022 (₹18.81 Mil) to Mar. 2023 (₹17.81 Mil).

CLC Industries's annual cash and cash equivalents increased from Mar. 2019 (₹10.58 Mil) to Mar. 2022 (₹18.81 Mil) but then declined from Mar. 2022 (₹18.81 Mil) to Mar. 2023 (₹17.81 Mil).

CLC Industries Cash And Cash Equivalents Historical Data

The historical data trend for CLC Industries'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.

CLC Industries Cash And Cash Equivalents Chart

CLC Industries Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar22

Mar23

Cash And Cash Equivalents

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9.81

19.74

10.58

18.81

17.81

CLC Industries Semi-Annual Data
	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial										9.81	19.74	10.58	18.81	17.81

CLC Industries 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.

CLC Industries (BOM:521082) 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.

CLC Industries Cash And Cash Equivalents Related Terms

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CLC Industries (BOM:521082) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » CLC Industries Ltd (BOM:521082) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

SPENTEX:India

Address

A-60, Okhla Industrial Area, Phase - II, New Delhi, IND, 110020

Website

https://www.spentex.net

CLC Industries Ltd is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn. The products of the company include hosiery yarn, weaving yarn, carpet yarn, sewing thread, flat knitting, and industrial yarn. The business segments of the company are Textile Manufacturing, Textile Trading, and Other Trading. The majority of the revenue is generated from the textile manufacturing segment of the company. The company operates in India and internationally and derives its key revenue from India.

CLC Industries (BOM:521082) Headlines

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