Sangani Hospitals (NSE:SANGANI) Cash And Cash Equivalents : ₹44.9 Mil (As of Mar. 2023)

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What is Sangani Hospitals Cash And Cash Equivalents?

Sangani Hospitals's quarterly cash and cash equivalents increased from Mar. 2021 (₹15.18 Mil) to Mar. 2022 (₹56.32 Mil) but then stayed the same from Mar. 2022 (₹56.32 Mil) to Mar. 2023 (₹44.87 Mil).

Sangani Hospitals's annual cash and cash equivalents increased from Mar. 2021 (₹15.18 Mil) to Mar. 2022 (₹56.32 Mil) but then declined from Mar. 2022 (₹56.32 Mil) to Mar. 2023 (₹44.87 Mil).

Sangani Hospitals Cash And Cash Equivalents Historical Data

The historical data trend for Sangani Hospitals'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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Sangani Hospitals Cash And Cash Equivalents Chart

Sangani Hospitals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

20.60

15.18

56.32

44.87

Sangani Hospitals Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Cash And Cash Equivalents	20.60	15.18	56.32	44.87

Sangani Hospitals 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.

Sangani Hospitals (NSE:SANGANI) 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.

Sangani Hospitals Cash And Cash Equivalents Related Terms

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Sangani Hospitals (NSE:SANGANI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220

Website

https://www.sanganihospitals.com

Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

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