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Gopal Snacks (BOM:544140) Cash, Cash Equivalents, Marketable Securities : ₹12 Mil (As of Sep. 2023)


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What is Gopal Snacks Cash, Cash Equivalents, Marketable Securities?

Gopal Snacks's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹285.91 Mil) but then stayed the same from Mar. 2023 (₹285.91 Mil) to Sep. 2023 (₹11.73 Mil).

Gopal Snacks's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹31.50 Mil) to Mar. 2022 (₹9.59 Mil) but then increased from Mar. 2022 (₹9.59 Mil) to Mar. 2023 (₹285.91 Mil).

Gopal Snacks Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Gopal Snacks'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.

Gopal Snacks Cash, Cash Equivalents, Marketable Securities Chart

Gopal Snacks Annual Data
Trend Mar21 Mar22 Mar23
Cash, Cash Equivalents, Marketable Securities
31.50 9.59 285.91

Gopal Snacks Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Cash, Cash Equivalents, Marketable Securities 31.50 9.59 - 285.91 11.73

Gopal Snacks 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.

Gopal Snacks  (BOM:544140) 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.

Gopal Snacks Cash, Cash Equivalents, Marketable Securities Related Terms

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Gopal Snacks (BOM:544140) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gopal Snacks Ltd (BOM:544140) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
Traded in Other Exchanges
GOPAL:India
Address
Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot, GJ, IND, 360021
Website
https://www.gopalnamkeen.com
Gopal Snacks Ltd is a fastmoving consumer goods company in India It offer a wide variety of savoury products under brand 'Gopal', including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, extruded snacks and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi.

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