Nichias (TSE:5393) Cash And Cash Equivalents : 円56,376 Mil (As of Mar. 2024)

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What is Nichias Cash And Cash Equivalents?

Nichias's quarterly cash and cash equivalents declined from Sep. 2023 (円56,695.00 Mil) to Dec. 2023 (円52,602.00 Mil) but then increased from Dec. 2023 (円52,602.00 Mil) to Mar. 2024 (円56,376.00 Mil).

Nichias's annual cash and cash equivalents increased from Mar. 2022 (円54,597.00 Mil) to Mar. 2023 (円59,433.00 Mil) but then declined from Mar. 2023 (円59,433.00 Mil) to Mar. 2024 (円56,376.00 Mil).

Nichias Cash And Cash Equivalents Historical Data

The historical data trend for Nichias'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.

Nichias Cash And Cash Equivalents Chart

Nichias Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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34,320.00

39,799.00

54,597.00

59,433.00

56,376.00

Nichias 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															59,433.00	57,875.00	56,695.00	52,602.00	56,376.00

Nichias 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.

Nichias (TSE:5393) 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.

Nichias Cash And Cash Equivalents Related Terms

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Nichias (TSE:5393) Business Description

Industry

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NICFF:USA

Address

6-1, Hatchobori 1-chome, Chuo-ku, Tokyo, JPN, 104-8555

Website

http://www.nichias.co.jp

Nichias Corp is engaged in five businesses, each contributing between roughly 10% and 30% of the company's total revenue. Energy and Industrial Plants, the largest business by sales, provides engineering services and products to energy plant customers that have construction and maintenance needs. Industrial Products provides a wide range of products to the infrastructure industry. Autoparts provides heat-proofing and sound-proofing products to automobile and automobile parts manufacturers. Building Materials supplies and installs fireproof building materials for residences and buildings. Advanced Products, the smallest business, provides components and materials for semiconductors to electronics-related industries. Nearly all the company's sales are in Asia, with more than 80% from Japan.

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