Toho Gas Co (TSE:9533) Cash And Cash Equivalents : 円22,235 Mil (As of Dec. 2023)

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What is Toho Gas Co Cash And Cash Equivalents?

Toho Gas Co's quarterly cash and cash equivalents declined from Jun. 2023 (円30,302.00 Mil) to Sep. 2023 (円28,849.00 Mil) but then stayed the same from Sep. 2023 (円28,849.00 Mil) to Dec. 2023 (円22,235.00 Mil).

Toho Gas Co's annual cash and cash equivalents increased from Mar. 2022 (円32,298.00 Mil) to Mar. 2023 (円34,013.00 Mil) but then declined from Mar. 2023 (円34,013.00 Mil) to Mar. 2024 (円29,774.00 Mil).

Toho Gas Co Cash And Cash Equivalents Historical Data

The historical data trend for Toho Gas 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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Toho Gas Co Cash And Cash Equivalents Chart

Toho Gas Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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34,702.00

40,731.00

32,298.00

34,013.00

29,774.00

Toho Gas 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															34,013.00	30,302.00	28,849.00	22,235.00	29,774.00

Toho Gas 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.

Toho Gas Co (TSE:9533) 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.

Toho Gas Co Cash And Cash Equivalents Related Terms

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Toho Gas Co (TSE:9533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Toho Gas Co Ltd (TSE:9533) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

59W:Germany

Address

19-18,Sakurada-cho, Atsuta-ku, Nagoya, JPN, 456-8511

Website

https://www.tohogas.co.jp

Toho Gas Co Ltd is a Japanese natural gas provider operating in the Tokai region of the Japanese island of Honshu. Toho Gas is mainly involved in the supply and distribution of natural gas and liquefied petroleum gas, or LPG, to urban areas within Tokai. The company segments its operations into Gas Sales, Gas Appliance Sales and Related Construction, and LPG and Other Energies business units. Toho Gas's Gas Sales division derives the vast majority of the company's total revenue from the sale and supply of natural gas to the many manufacturing plants and industrial customers that inhabit its home region. The company's sales of LPG and thermal energy to mainly industrial consumers also represent a significant revenue stream. Toho Gas is one of the largest city gas providers in Japan.

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