Edoc Acquisition (Edoc Acquisition) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2023)

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What is Edoc Acquisition Cash And Cash Equivalents?

Edoc Acquisition's quarterly cash and cash equivalents declined from Mar. 2023 ($0.05 Mil) to Jun. 2023 ($0.01 Mil) but then increased from Jun. 2023 ($0.01 Mil) to Sep. 2023 ($0.01 Mil).

Edoc Acquisition's annual cash and cash equivalents declined from Dec. 2020 ($1.00 Mil) to Dec. 2021 ($0.22 Mil) and declined from Dec. 2021 ($0.22 Mil) to Dec. 2022 ($0.01 Mil).

Edoc Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Edoc Acquisition'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.

* Premium members only.

Edoc Acquisition Cash And Cash Equivalents Chart

Edoc Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

1.00

0.22

0.01

Edoc Acquisition Quarterly Data
	Aug20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial								-	0.01	0.05	0.01	0.01

Edoc Acquisition 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.

Edoc Acquisition (NAS:ADOC) 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.

Edoc Acquisition Cash And Cash Equivalents Related Terms

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Edoc Acquisition (Edoc Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Edoc Acquisition Corp (NAS:ADOC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

7612 Main Street Fishers, Suite 200, Victor, NY, USA, 14564

Website

https://www.edocmed.net

Edoc Acquisition Corp is a blank check company.

Executives

Yan Michael Li	director	7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Jintao Zheng	director	7612 MAIN STREET FISHERS SUITE 200, VICTOR NY 14564
Yakira Capital Management, Inc.	10 percent owner	1555 POST ROAD EAST, SUITE 202, WESTPORT CT 06880
Bob Yunjun Ai	director	444 WASHINGTON BLVD, SUITE 3338, JERSEY CITY NJ 07310
Jiuji Yan	director	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Gang Li	director	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Xiaoping Becky Zhang	10 percent owner	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
Kevin Chen	director, officer: Chief Executive Officer	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564
American Physicians Llc	10 percent owner	7612 MAIN STREET FISHERS, SUITE 200, VICTOR NY 14564