GDEP Advance (TSE:5885) Cash And Cash Equivalents : 円2,113 Mil (As of Feb. 2024)

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What is GDEP Advance Cash And Cash Equivalents?

GDEP Advance's quarterly cash and cash equivalents increased from Aug. 2023 (円2,162.49 Mil) to Nov. 2023 (円2,433.27 Mil) but then stayed the same from Nov. 2023 (円2,433.27 Mil) to Feb. 2024 (円2,113.29 Mil).

GDEP Advance's annual cash and cash equivalents increased from May. 2021 (円929.77 Mil) to May. 2022 (円1,352.92 Mil) and increased from May. 2022 (円1,352.92 Mil) to May. 2023 (円1,879.71 Mil).

GDEP Advance Cash And Cash Equivalents Historical Data

The historical data trend for GDEP Advance'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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GDEP Advance Cash And Cash Equivalents Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Cash And Cash Equivalents

929.77

1,352.92

1,879.71

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial			1,282.41	1,879.71	2,162.49	2,433.27	2,113.29

GDEP Advance 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.

GDEP Advance (TSE:5885) 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.

GDEP Advance Cash And Cash Equivalents Related Terms

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GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

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