CTT Pharmaceutical Holdings (CTT Pharmaceutical Holdings) Cash And Cash Equivalents : $1.00 Mil (As of Jun. 2018)

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What is CTT Pharmaceutical Holdings Cash And Cash Equivalents?

CTT Pharmaceutical Holdings's quarterly cash and cash equivalents increased from Jun. 2017 ($0.00 Mil) to Mar. 2018 ($0.11 Mil) and increased from Mar. 2018 ($0.11 Mil) to Jun. 2018 ($1.00 Mil).

CTT Pharmaceutical Holdings's annual cash and cash equivalents increased from Dec. 2013 ($0.00 Mil) to Dec. 2014 ($0.08 Mil) but then declined from Dec. 2014 ($0.08 Mil) to Dec. 2015 ($0.00 Mil).

CTT Pharmaceutical Holdings Cash And Cash Equivalents Historical Data

The historical data trend for CTT Pharmaceutical Holdings'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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CTT Pharmaceutical Holdings Cash And Cash Equivalents Chart

CTT Pharmaceutical Holdings Annual Data

Trend

Dec06

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Dec11

Dec12

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Dec15

Cash And Cash Equivalents

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0.57

0.01

0.08

CTT Pharmaceutical Holdings Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Mar17	Jun17	Mar18	Jun18
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.01	-	-	0.11	1.00

CTT Pharmaceutical Holdings 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.

CTT Pharmaceutical Holdings (OTCPK:CTTH) 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.

CTT Pharmaceutical Holdings Cash And Cash Equivalents Related Terms

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CTT Pharmaceutical Holdings (CTT Pharmaceutical Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » CTT Pharmaceutical Holdings Inc (OTCPK:CTTH) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 – 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6

Website

https://www.cttpharmaceuticals.com

CTT Pharmaceutical Holdings Inc is a development stage company specializing in drug delivery systems technology within the pharmaceutical industry. It focuses on fast-dissolving drug delivery systems through the development of oral delivery thin wafers. The thin wafers are infused with both natural and synthetic cannabis extracts to deliver treatment as an alternative to smoking and ingestion. Its products include Medwafe, Cannawafe, Vetwafe, and others.

Executives