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Justera Health (Justera Health) Cash And Cash Equivalents : $0.07 Mil (As of Dec. 2023)


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What is Justera Health Cash And Cash Equivalents?

Justera Health's quarterly cash and cash equivalents increased from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.01 Mil) and increased from Sep. 2023 ($0.01 Mil) to Dec. 2023 ($0.07 Mil).

Justera Health's annual cash and cash equivalents increased from Dec. 2020 ($0.00 Mil) to Dec. 2022 ($0.32 Mil) but then declined from Dec. 2022 ($0.32 Mil) to Dec. 2023 ($0.07 Mil).

Justera Health Cash And Cash Equivalents Historical Data

The historical data trend for Justera Health'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.

Justera Health Cash And Cash Equivalents Chart

Justera Health Annual Data
Trend Dec19 Dec20 Dec22 Dec23
Cash And Cash Equivalents
- - 0.32 0.07

Justera Health Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.11 - 0.01 0.07

Justera Health 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.

Justera Health  (OTCPK:SCRSF) 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.

Justera Health Cash And Cash Equivalents Related Terms

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Justera Health (Justera Health) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Justera Health Ltd (OTCPK:SCRSF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
VTAL:Canada
Address
2300 Yonge Street, Suite 2802, Toronto, ON, CAN, M4P 1E4
Website
https://www.justerahealth.com
Justera Health Ltd is a Health and Wellness management company. It provides professional health and medical solutions to Canadians with a focus on concierge medical services. It provides Screen Pro Security, Naturevan, and concierge medical services, It also offers personalized health care services such as IV vitamin therapy, personal home care, nurse care, on-call urgent medical care, nutrition, and health screening services, such as COVID-19 test ingesting.