Micropro Software Solutions (NSE:MICROPRO) Cash, Cash Equivalents, Marketable Securities : ₹18.1 Mil (As of Mar. 2023)

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What is Micropro Software Solutions Cash, Cash Equivalents, Marketable Securities?

Micropro Software Solutions's quarterly cash, cash equivalents, marketable securities declined from Mar. 2021 (₹29.18 Mil) to Mar. 2022 (₹24.57 Mil) but then stayed the same from Mar. 2022 (₹24.57 Mil) to Mar. 2023 (₹18.15 Mil).

Micropro Software Solutions's annual cash, cash equivalents, marketable securities declined from Mar. 2021 (₹29.18 Mil) to Mar. 2022 (₹24.57 Mil) and declined from Mar. 2022 (₹24.57 Mil) to Mar. 2023 (₹18.15 Mil).

Micropro Software Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Micropro Software Solutions'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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Micropro Software Solutions Cash, Cash Equivalents, Marketable Securities Chart

Micropro Software Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

29.18

24.57

18.15

Micropro Software Solutions Semi-Annual Data
	Mar21	Mar22	Mar23
Cash, Cash Equivalents, Marketable Securities	29.18	24.57	18.15

Micropro Software Solutions 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.

Micropro Software Solutions (NSE:MICROPRO) 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.

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Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022

Website

https://www.microproindia.com

Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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