Agni Green Power (NSE:AGNI) Cash, Cash Equivalents, Marketable Securities : ₹0.0 Mil (As of Sep. 2023)

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What is Agni Green Power Cash, Cash Equivalents, Marketable Securities?

Agni Green Power's quarterly cash, cash equivalents, marketable securities increased from Sep. 2022 (₹2.03 Mil) to Mar. 2023 (₹2.16 Mil) but then stayed the same from Mar. 2023 (₹2.16 Mil) to Sep. 2023 (₹0.01 Mil).

Agni Green Power's annual cash, cash equivalents, marketable securities increased from Mar. 2021 (₹0.00 Mil) to Mar. 2022 (₹2.03 Mil) and increased from Mar. 2022 (₹2.03 Mil) to Mar. 2023 (₹2.16 Mil).

Agni Green Power Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Agni Green Power'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.

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Agni Green Power Cash, Cash Equivalents, Marketable Securities Chart

Agni Green Power Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

12.81

4.59

2.03

2.16

Agni Green Power Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	2.03	2.03	2.16	0.01

Agni Green Power 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.

Agni Green Power (NSE:AGNI) 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.

Agni Green Power Cash, Cash Equivalents, Marketable Securities Related Terms

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Agni Green Power (NSE:AGNI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Agni Green Power Ltd (NSE:AGNI) » Definitions » Cash, Cash Equivalents, Marketable Securities

Traded in Other Exchanges

N/A

Address

114, Rajdanga Gold Park, Piyali Apartment, 1st Floor, South Parganas, Kolkata, WB, IND, 700107

Website

https://www.agnipower.com

Agni Green Power Ltd is engaged in the business of executing turn-key solar PV power plant projects. It also involves of manufacture, sale and installation of solar photovoltaic power plants, solar lamps, solar power conditioning units and other solar products like charge controller, solar pump controller, solar adaptors, solar generators, junction boxes etc. The Company's product categories consist of Lighting Systems, Power Conditioning Units, Solar MPPT Chargers, Balance Of Systems (BOS), Solarizer (Solar Adaptor), Solar Pumps and Remote Monitoring System.

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