Shyam Metalics and Energy (BOM:543299) Cash And Cash Equivalents : ₹394 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Shyam Metalics and Energy Cash And Cash Equivalents?

Shyam Metalics and Energy's quarterly cash and cash equivalents declined from Sep. 2023 (₹314.60 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹394.20 Mil).

Shyam Metalics and Energy's annual cash and cash equivalents declined from Mar. 2022 (₹918.60 Mil) to Mar. 2023 (₹747.80 Mil) and declined from Mar. 2023 (₹747.80 Mil) to Mar. 2024 (₹394.20 Mil).

Shyam Metalics and Energy Cash And Cash Equivalents Historical Data

The historical data trend for Shyam Metalics and Energy'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.

Shyam Metalics and Energy Cash And Cash Equivalents Chart

Shyam Metalics and Energy Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

297.00

1,638.40

918.60

747.80

394.20

Shyam Metalics and Energy Quarterly Data
	Mar17	Mar18	Mar19	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														-	747.80	314.60	-	394.20

Shyam Metalics and Energy 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.

Shyam Metalics and Energy (BOM:543299) 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.

Shyam Metalics and Energy Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Shyam Metalics and Energy's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Shyam Metalics and Energy (BOM:543299) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Shyam Metalics and Energy Ltd (BOM:543299) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SHYAMMETL:India

Address

83, Topsia Road, Trinity Tower, 7th Floor, Kolkata, WB, IND, 700046

Website

https://www.shyammetalics.com

Shyam Metalics and Energy Ltd is an integrated metal producer company. It is primarily engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferro alloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products.

Shyam Metalics and Energy (BOM:543299) Headlines

No Headlines