Open Up Group (TSE:2154) Cash And Cash Equivalents : 円19,631 Mil (As of Mar. 2024)

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What is Open Up Group Cash And Cash Equivalents?

Open Up Group's quarterly cash and cash equivalents increased from Sep. 2023 (円14,700.00 Mil) to Dec. 2023 (円20,209.00 Mil) but then stayed the same from Dec. 2023 (円20,209.00 Mil) to Mar. 2024 (円19,631.00 Mil).

Open Up Group's annual cash and cash equivalents declined from Jun. 2021 (円21,138.00 Mil) to Jun. 2022 (円12,404.00 Mil) but then increased from Jun. 2022 (円12,404.00 Mil) to Jun. 2023 (円16,077.00 Mil).

Open Up Group Cash And Cash Equivalents Historical Data

The historical data trend for Open Up Group'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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Open Up Group Cash And Cash Equivalents Chart

Open Up Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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10,257.00

10,835.00

21,138.00

12,404.00

16,077.00

Open Up Group 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															11,756.00	16,077.00	14,700.00	20,209.00	19,631.00

Open Up Group 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.

Open Up Group (TSE:2154) 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.

Open Up Group Cash And Cash Equivalents Related Terms

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Open Up Group (TSE:2154) Business Description

Industry

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Traded in Other Exchanges

BNXYF:USA

Address

2-14-1 Higashi Shimbashi, NBF Commodio Shiodome, Minato-ku, Tokyo, JPN, 105-0021

Website

https://www.openupgroup.co.jp

Open Up Group Inc provides human resource services and outsourcing or contracting services for manufacturing companies in Japan and overseas. The business segments of the company include: Mechatronics/IT field: it includes workers dispatching, contracting, consignment business such as development design engineers. Construction area segment includes construction management engineer business / CAD operator dispatch business for customers in construction industry. Manufacturing Area segment includes manufacturing site contracting and dispatch business for customers in manufacturing industry Temporary staffing, outsourcing and referral business for technology and manufacturing fields.

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