Mito Securities Co (TSE:8622) Cash And Cash Equivalents : 円32,050 Mil (As of Dec. 2023)

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What is Mito Securities Co Cash And Cash Equivalents?

Mito Securities Co's quarterly cash and cash equivalents increased from Jun. 2023 (円23,951.00 Mil) to Sep. 2023 (円27,313.00 Mil) and increased from Sep. 2023 (円27,313.00 Mil) to Dec. 2023 (円32,050.00 Mil).

Mito Securities Co's annual cash and cash equivalents declined from Mar. 2022 (円22,723.00 Mil) to Mar. 2023 (円21,958.00 Mil) but then increased from Mar. 2023 (円21,958.00 Mil) to Mar. 2024 (円28,011.00 Mil).

Mito Securities Co Cash And Cash Equivalents Historical Data

The historical data trend for Mito Securities Co'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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Mito Securities Co Cash And Cash Equivalents Chart

Mito Securities Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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23,434.00

25,125.00

22,723.00

21,958.00

28,011.00

Mito Securities Co 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															21,958.00	23,951.00	27,313.00	32,050.00	28,011.00

Mito Securities Co 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.

Mito Securities Co (TSE:8622) 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.

Mito Securities Co Cash And Cash Equivalents Related Terms

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Mito Securities Co (TSE:8622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Mito Securities Co Ltd (TSE:8622) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

2-3-10,Nihonbashi, Chuo-ku, Tokyo, JPN, 1030027

Website

http://www.mito.co.jp

Mito Securities Co Ltd is a Japan-based company mainly engaged in the securities business. The company is involved in the purchase and sale of marketable securities, underwriting, sale, and offering of marketable securities. In addition, it also provides the variety of customized products such as fund wrap, investment trust, mutual fund, bonds, stocks and much more.

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