Yurtec (TSE:1934) Cash And Cash Equivalents : 円21,773 Mil (As of Dec. 2023)

View and export this data going back to 1977. Start your Free Trial

What is Yurtec Cash And Cash Equivalents?

Yurtec's quarterly cash and cash equivalents declined from Jun. 2023 (円36,796.00 Mil) to Sep. 2023 (円29,581.00 Mil) but then stayed the same from Sep. 2023 (円29,581.00 Mil) to Dec. 2023 (円21,773.00 Mil).

Yurtec's annual cash and cash equivalents increased from Mar. 2022 (円33,000.00 Mil) to Mar. 2023 (円35,979.00 Mil) but then declined from Mar. 2023 (円35,979.00 Mil) to Mar. 2024 (円33,911.00 Mil).

Yurtec Cash And Cash Equivalents Historical Data

The historical data trend for Yurtec'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.

Yurtec Cash And Cash Equivalents Chart

Yurtec Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

Get a 7-Day Free Trial

36,236.00

39,006.00

33,000.00

35,979.00

33,911.00

Yurtec 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															35,979.00	36,796.00	29,581.00	21,773.00	33,911.00

Yurtec 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.

Yurtec (TSE:1934) 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.

Yurtec Cash And Cash Equivalents Related Terms

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

Yurtec (TSE:1934) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Yurtec Corp (TSE:1934) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

4-1-1 Tsutsujigaoka, Sendai, Miyagi, JPN, 983-8622

Website

http://www.yurtec.co.jp

Yurtec Corp is an engineering and construction company. It constructs, maintains and repairs electric power facilities of Tohoku Electric Power Co., Ltd. Its services include air conditioning equipment, plumbing sanitation facilities, information and communication equipment of various facilities and are also responsible for safety and security. It also deals with company transmission and transformation, construction and maintenance of power distribution equipment, construction related to information communication networks, and more. The company mainly operates in Japan.

Yurtec (TSE:1934) Headlines

No Headlines