BMW Industries (BOM:542669) Cash And Cash Equivalents : ₹62 Mil (As of Mar. 2024)

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What is BMW Industries Cash And Cash Equivalents?

BMW Industries's quarterly cash and cash equivalents declined from Sep. 2023 (₹15.28 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹62.40 Mil).

BMW Industries's annual cash and cash equivalents increased from Mar. 2022 (₹9.49 Mil) to Mar. 2023 (₹76.15 Mil) but then declined from Mar. 2023 (₹76.15 Mil) to Mar. 2024 (₹62.40 Mil).

BMW Industries Cash And Cash Equivalents Historical Data

The historical data trend for BMW 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.

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BMW Industries Cash And Cash Equivalents Chart

BMW Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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48.91

5.98

9.49

76.15

62.40

BMW Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															76.15	-	15.28	-	62.40

BMW 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.

BMW Industries (BOM:542669) 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.

BMW Industries Cash And Cash Equivalents Related Terms

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BMW Industries (BOM:542669) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BMW Industries Ltd (BOM:542669) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

119, Park Street, White House, 3rd Floor, Kolkata, WB, IND, 700016

Website

https://www.bmwil.co.in

BMW Industries Ltd is an Indian company involved in steel manufacturing and processing activity. It manufactures two types of products, Long products such as towers, structures, and TMT, and Flat products like pipes, galvanised plain, and galvanised corrugated. The company is engaged in the galvanizing of tubes in addition to the manufacture of tubular poles/structures, transmission line towers, and rebars. Its product portfolio covers Rebars, HR sheets, slit coils, pipes, and poles, Bansal TMT, Bansal pipes, Full hard cold rolled coils, TMT rolling, and others. The company generates the majority of its revenue from the domestic market.

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