AdaptHealth (AdaptHealth) Cash And Cash Equivalents : $80 Mil (As of Mar. 2024)

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What is AdaptHealth Cash And Cash Equivalents?

AdaptHealth's quarterly cash and cash equivalents increased from Sep. 2023 ($56.14 Mil) to Dec. 2023 ($77.13 Mil) and increased from Dec. 2023 ($77.13 Mil) to Mar. 2024 ($79.57 Mil).

AdaptHealth's annual cash and cash equivalents declined from Dec. 2021 ($149.63 Mil) to Dec. 2022 ($46.27 Mil) but then increased from Dec. 2022 ($46.27 Mil) to Dec. 2023 ($77.13 Mil).

AdaptHealth Cash And Cash Equivalents Historical Data

The historical data trend for AdaptHealth'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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AdaptHealth Cash And Cash Equivalents Chart

AdaptHealth Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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76.88

99.96

149.63

46.27

77.13

AdaptHealth Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															101.40	45.13	56.14	77.13	79.57

AdaptHealth 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.

AdaptHealth (NAS:AHCO) 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.

AdaptHealth Cash And Cash Equivalents Related Terms

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AdaptHealth (AdaptHealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » AdaptHealth Corp (NAS:AHCO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

220 West Germantown Pike, Suite 250, Plymouth Meeting, PA, USA, 19462

Website

https://www.adapthealth.com

AdaptHealth Corp is engaged in providing patient-centered, healthcare-at-home solutions including home medical equipment (HME), medical supplies, and related services. It focuses on providing; sleep therapy equipment, supplies, and related services (including CPAP and bi-PAP services) to individuals suffering from obstructive sleep apnea (OSA), medical devices and supplies to patients for the treatment of diabetes (including continuous glucose monitors (CGM and insulin pumps), home medical equipment to patients discharged from acute care and other facilities, oxygen and related chronic therapy services in the home, and other HME devices and supplies on behalf of chronically ill patients with wound care, urological, incontinence, ostomy and nutritional supply needs.

Executives

Williams David Solomon Iii	director	6272 CONDON AVE, LOS ANGELES CA 90056
Skyknight Aero Holdings, Llc	director	C/O SKYKNIGHT CAPITAL, L.P., ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Albert A. Prast	officer: Chief Technology Officer	3325 BARTLETT BLVD., ORLANDO FL 32811
Jason A Clemens	officer: Chief Financial Officer	220 WEST GERMANTOWN PIKE, SUITE 250, C/O ADAPTHEALTH LLC, PLYMOUTH MEETING PA 19462
Christine E. Archbold	officer: Chief Accounting Officer	FRIARS HOUSE, 160 BLACKFRIARS ROAD, LONDON X0 SEL 8EZ
Everest Hill Group Inc.	10 percent owner	TROPIC ISLE BUILDING, P O BOX 3331, ROAD TOWN TORTOLA D8 VG 1110
Daniel Bunting	officer: COO - Branch Operations	12200 N.W. AMBASSADOR DRIVE, SUITE 326, KANSAS CITY MO 64163
Shaw Rietkerk	officer: Chief Revenue Officer	C/O ADAPTHEALTH LLC, 220 WEST GERMANTOWN PIKE, SUITE 250, PLYMOUTH MEETING PA 19462
Christopher J Joyce	officer: General Counsel	C/O ALLIANCE ENTERTAINMENT CORP, 110 EAST 59TH STREET 18TH FLOOR, NEW YORK NY 10022
Skyknight Aero Holdings Ii, Llc	director	C/O SKYKNIGHT CAPITAL, L.P., ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Skyknight Capital, L.p.	director	C/O SKYKNIGHT CAPITAL, ONE LETTERMAN DR., BLDG. C, SUITE 3-950, SAN FRANCISCO CA 94129
Skyknight Capital Fund Ii, L.p.	director	ONE LETTERMAN DRIVE, BUILDING C, SUITE 3-950, SAN FRANCISCO CA 94129
Stephen P Griggs	director, officer: Co-Chief Executive Officer	1360 PLACE VENDOME, WINTER PARK FL 32789
Gregory Belinfanti	director	7500 RIALTO BLVD, BLDG TWO, STE 100, AUSTIN TX 78735
Frank Mullen	officer: Chief Accounting Officer	4553 GLENCOE AVENUE, SUITE 300, LOS ANGELES CA 90292