Reliance Chemotex Industries (BOM:503162) Cash, Cash Equivalents, Marketable Securities : ₹563 Mil (As of Mar. 2024)

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What is Reliance Chemotex Industries Cash, Cash Equivalents, Marketable Securities?

Reliance Chemotex Industries's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (₹678.09 Mil) to Dec. 2023 (₹0.00 Mil) but then increased from Dec. 2023 (₹0.00 Mil) to Mar. 2024 (₹563.36 Mil).

Reliance Chemotex Industries's annual cash, cash equivalents, marketable securities increased from Mar. 2022 (₹576.12 Mil) to Mar. 2023 (₹613.15 Mil) but then declined from Mar. 2023 (₹613.15 Mil) to Mar. 2024 (₹563.36 Mil).

Reliance Chemotex Industries Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Reliance Chemotex Industries's Cash, Cash Equivalents, Marketable Securities 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.

Reliance Chemotex Industries Cash, Cash Equivalents, Marketable Securities Chart

Reliance Chemotex Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

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47.94

324.58

576.12

613.15

563.36

Reliance Chemotex Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															613.15	-	678.09	-	563.36

Reliance Chemotex Industries Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Reliance Chemotex Industries (BOM:503162) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Reliance Chemotex Industries Cash, Cash Equivalents, Marketable Securities Related Terms

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Reliance Chemotex Industries (BOM:503162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Reliance Chemotex Industries Ltd (BOM:503162) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

RELCHEMQ:India

Address

27, Jolly Maker Chambers Number 2, Nariman Point, Mumbai, MH, IND, 400 021

Website

https://www.reliancechemotex.com

Reliance Chemotex Industries Ltd is engaged in the manufacturing of synthetic blended yarn. The company's geographical segments are Sales within India which includes sales to customers located in India and Sales outside India consisting of sales to customers located outside India. It offers various products such as Home furnishing yarns which includes artificial silk carpets, conveyor belt, towels, raised and flat upholstery, and artificial leather, Industrial yarns comprising school uniforms, shawls, medical aids, dyed polyester and viscose yarn. The Company's primary business segment is Yarn. In addition, it also provides Apparel yarns such as knitwear, suiting's and dyed viscose yarns for carpets.

Reliance Chemotex Industries (BOM:503162) Headlines

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