Juva Life (Juva Life) Cash And Cash Equivalents : $0.89 Mil (As of Mar. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Juva Life Cash And Cash Equivalents?

Juva Life's quarterly cash and cash equivalents declined from Jun. 2022 ($5.20 Mil) to Sep. 2022 ($3.53 Mil) but then stayed the same from Sep. 2022 ($3.53 Mil) to Mar. 2023 ($0.89 Mil).

Juva Life's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2019 ($1.28 Mil) and increased from Dec. 2019 ($1.28 Mil) to Dec. 2020 ($2.16 Mil).

Juva Life Cash And Cash Equivalents Historical Data

The historical data trend for Juva Life'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.

Juva Life Cash And Cash Equivalents Chart

Juva Life Annual Data

Trend

Dec19

Dec20

Cash And Cash Equivalents

1.28

2.16

Juva Life Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial							4.85	0.82	5.20	3.53	0.89

Juva Life 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.

Juva Life (OTCPK:JUVAF) 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.

Juva Life Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Juva Life's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Juva Life (Juva Life) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Juva Life Inc (OTCPK:JUVAF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

4VV:Germany JUVA:Canada

Address

885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8

Website

https://www.juvalife.com

Juva Life Inc business is to acquire, own, and operate various cannabis business in the state of California. The Company operates in two reportable segments i) the resale of merchandise and cannabis-derived products, and ii) cultivation and sale of trim and flowers.