Petronet LNG (BOM:532522) Cash And Cash Equivalents : ₹17,234 Mil (As of Mar. 2024)

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What is Petronet LNG Cash And Cash Equivalents?

Petronet LNG's quarterly cash and cash equivalents declined from Sep. 2023 (₹18,229.60 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹17,233.70 Mil).

Petronet LNG's annual cash and cash equivalents declined from Mar. 2022 (₹10,539.22 Mil) to Mar. 2023 (₹626.60 Mil) but then increased from Mar. 2023 (₹626.60 Mil) to Mar. 2024 (₹17,233.70 Mil).

Petronet LNG Cash And Cash Equivalents Historical Data

The historical data trend for Petronet LNG'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.

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Petronet LNG Cash And Cash Equivalents Chart

Petronet LNG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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9,760.22

8,493.33

10,539.22

626.60

17,233.70

Petronet LNG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	626.60	18,229.60	-	17,233.70

Petronet LNG 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.

Petronet LNG (BOM:532522) 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.

Petronet LNG Cash And Cash Equivalents Related Terms

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Petronet LNG (BOM:532522) Business Description

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PETRONET:India

Address

Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001

Website

https://www.petronetlng.in

Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.

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