Sunrest Lifescience (NSE:SUNREST) Cash And Cash Equivalents : ₹4.5 Mil (As of Mar. 2023)

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What is Sunrest Lifescience Cash And Cash Equivalents?

Sunrest Lifescience's quarterly cash and cash equivalents increased from Mar. 2021 (₹3.73 Mil) to Mar. 2022 (₹4.80 Mil) but then stayed the same from Mar. 2022 (₹4.80 Mil) to Mar. 2023 (₹4.50 Mil).

Sunrest Lifescience's annual cash and cash equivalents increased from Mar. 2021 (₹3.73 Mil) to Mar. 2022 (₹4.80 Mil) but then declined from Mar. 2022 (₹4.80 Mil) to Mar. 2023 (₹4.50 Mil).

Sunrest Lifescience Cash And Cash Equivalents Historical Data

The historical data trend for Sunrest Lifescience'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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Sunrest Lifescience Cash And Cash Equivalents Chart

Sunrest Lifescience Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

3.44

3.73

4.80

4.50

Sunrest Lifescience Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Cash And Cash Equivalents	3.44	3.73	4.80	4.50

Sunrest Lifescience 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.

Sunrest Lifescience (NSE:SUNREST) 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.

Sunrest Lifescience Cash And Cash Equivalents Related Terms

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Sunrest Lifescience Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sunrest Lifescience Ltd (NSE:SUNREST) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

Bus Stand Vastral Road, FF-41, Ajay Tenament-6, Near Canal Near Ritanagar, Ahmedabad, GJ, IND, 382415

Website

https://www.sunrestlifescience.com

Sunrest Lifescience Ltd is engaged in the trading business of Pharmaceutical Products on a wholesale as well as retail basis. It deals in Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Its product portfolio comprises Analgesic & Anti Pyretic3030, Antacid Anti Emetics1414, Anti Biotics1717, Anti Cough & Cold4343, Anti Fungal2929, Anti Spasmodic & Enzyme99, Creams & Ointments44, Eye, Ear Drops & Nasal Spray88, General Products2828, Glucose & Energy Drink88, Hair Care77, Lady Care55, Multi Vitamins & Haemantinics3030, Oral Care55, Skin Care2222, and Vigor and Vitality.

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