Comsys Holdings (TSE:1721) Cash And Cash Equivalents : 円55,193 Mil (As of Dec. 2023)

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What is Comsys Holdings Cash And Cash Equivalents?

Comsys Holdings's quarterly cash and cash equivalents declined from Jun. 2023 (円67,655.00 Mil) to Sep. 2023 (円56,618.00 Mil) but then stayed the same from Sep. 2023 (円56,618.00 Mil) to Dec. 2023 (円55,193.00 Mil).

Comsys Holdings's annual cash and cash equivalents increased from Mar. 2022 (円35,107.00 Mil) to Mar. 2023 (円41,367.00 Mil) and increased from Mar. 2023 (円41,367.00 Mil) to Mar. 2024 (円52,500.00 Mil).

Comsys Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Comsys Holdings'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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Comsys Holdings Cash And Cash Equivalents Chart

Comsys Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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35,992.00

33,259.00

35,107.00

41,367.00

52,500.00

Comsys Holdings 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															41,367.00	67,655.00	56,618.00	55,193.00	52,500.00

Comsys Holdings 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.

Comsys Holdings (TSE:1721) 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.

Comsys Holdings Cash And Cash Equivalents Related Terms

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Comsys Holdings (TSE:1721) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Comsys Holdings Corp (TSE:1721) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

17-1, Higashigotanda 2-chome, Shinagawa-ku, Tokyo, JPN, 141-8647

Website

http://www.comsys-hd.co.jp

Comsys Holdings Corp installs electrical and telecommunications facilities and equipment. It provides solutions for information-process systems and develops software to fit the needs of customers. One division of the company connects telephone lines and other communication equipment and implements wireless base stations. It provides equipment for the mobile industry, and supplies maintenance work to transform telephone networks. Comsys Holdings has four business segments: NTT Engineering, NCC Engineering, IT Solutions, and Social System-Related and Other. It plans proposals for customers' systems integration and software upgrades and provides repair services to keep a system intact. The company has been instrumental in the development of Japan's telecommunications infrastructure.

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