Daicel (TSE:4202) Cash And Cash Equivalents : 円89,278 Mil (As of Dec. 2023)

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What is Daicel Cash And Cash Equivalents?

Daicel's quarterly cash and cash equivalents declined from Jun. 2023 (円98,819.00 Mil) to Sep. 2023 (円97,622.00 Mil) but then stayed the same from Sep. 2023 (円97,622.00 Mil) to Dec. 2023 (円89,278.00 Mil).

Daicel's annual cash and cash equivalents increased from Mar. 2022 (円88,130.00 Mil) to Mar. 2023 (円93,840.00 Mil) but then declined from Mar. 2023 (円93,840.00 Mil) to Mar. 2024 (円73,183.00 Mil).

Daicel Cash And Cash Equivalents Historical Data

The historical data trend for Daicel'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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Daicel Cash And Cash Equivalents Chart

Daicel Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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80,751.00

90,827.00

88,130.00

93,840.00

73,183.00

Daicel 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															93,840.00	98,819.00	97,622.00	89,278.00	73,183.00

Daicel 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.

Daicel (TSE:4202) 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.

Daicel Cash And Cash Equivalents Related Terms

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Daicel (TSE:4202) Business Description

Industry

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Traded in Other Exchanges

9DC:Germany

Address

Grand Front Osaka Tower-B, 3-1, Ofuka-cho, Kita-ku, Osaka, JPN

Website

http://www.daicel.com

Daicel Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into four primary segments based on product type. The plastics segment, which generates more revenue than any other segment, sells plastic resins used in automobile and household products as well as food packaging products. The cellulosic derivatives segment sells acetate tow, which is used to produce cigarette filters. The organic chemicals segment sells acetic acid-based products used in the production of electronic materials, paints, cosmetics, and healthcare products. The pyrotechnic devices segment sells automobile safety parts including airbag inflators. The majority of revenue comes from Japan.

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