Nuvation Bio (Nuvation Bio) Cash And Cash Equivalents : $344.63 Mil (As of Sep. 2021)

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What is Nuvation Bio Cash And Cash Equivalents?

Nuvation Bio's quarterly cash and cash equivalents declined from Mar. 2021 ($638.90 Mil) to Jun. 2021 ($449.53 Mil) but then stayed the same from Jun. 2021 ($449.53 Mil) to Sep. 2021 ($344.63 Mil).

Nuvation Bio's annual cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.91 Mil).

Nuvation Bio Cash And Cash Equivalents Historical Data

The historical data trend for Nuvation Bio'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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Nuvation Bio Cash And Cash Equivalents Chart

Nuvation Bio Annual Data

Trend

Dec20

Dec21

Cash And Cash Equivalents

0.91

132.42

Nuvation Bio Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.91	638.90	449.53	344.63	132.42

Nuvation Bio 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.

Nuvation Bio (NYSE:NUVB) 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.

Nuvation Bio Cash And Cash Equivalents Related Terms

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Nuvation Bio (Nuvation Bio) Business Description

Industry

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Address

1500 Broadway, Suite 1401, New York, NY, USA, 10036

Website

https://www.nuvationbio.com

Nuvation Bio Inc is a biopharmaceutical company. The company is engaged in developing therapeutic candidates for the unmet needs in oncology. The firm operates in pharmaceutical, biotechnology and other related markets that develop small molecules and drug conjugates as treatments for cancer patients.