Oceania Healthcare (NZSE:OCA) Cash And Cash Equivalents : NZ$7.5 Mil (As of Mar. 2024)

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What is Oceania Healthcare Cash And Cash Equivalents?

Oceania Healthcare's quarterly cash and cash equivalents increased from Mar. 2023 (NZ$7.44 Mil) to Sep. 2023 (NZ$10.29 Mil) but then stayed the same from Sep. 2023 (NZ$10.29 Mil) to Mar. 2024 (NZ$7.49 Mil).

Oceania Healthcare's annual cash and cash equivalents declined from Mar. 2022 (NZ$9.75 Mil) to Mar. 2023 (NZ$7.44 Mil) but then increased from Mar. 2023 (NZ$7.44 Mil) to Mar. 2024 (NZ$7.49 Mil).

Oceania Healthcare Cash And Cash Equivalents Historical Data

The historical data trend for Oceania Healthcare'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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Oceania Healthcare Cash And Cash Equivalents Chart

Oceania Healthcare Annual Data

Trend

May17

May18

May19

May20

Mar22

Mar23

Mar24

Cash And Cash Equivalents

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22.76

17.62

9.75

7.44

7.49

Oceania Healthcare Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial									9.75	5.83	7.44	10.29	7.49

Oceania Healthcare 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.

Oceania Healthcare (NZSE:OCA) 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.

Oceania Healthcare Cash And Cash Equivalents Related Terms

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Oceania Healthcare (NZSE:OCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Oceania Healthcare Ltd (NZSE:OCA) » Definitions » Cash And Cash Equivalents

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OCA:Australia

Address

80 Queen Street, Level 11, Deloitte Building, Auckland, NTL, NZL, 1010

Website

https://www.oceaniahealthcare.co.nz

Oceania Healthcare Ltd owns and operates rest homes and retirement villages. The business activities of the group are operated through care operations, village operations, and Other segments. It generates maximum revenue from the care operations segment which includes traditional care beds and care suites as well as provision of accommodation, care and care packages, meals, and related services to aged care residents. Geographically it operates through New Zealand. The company derives revenue from Rest home, hospital, dementia fees, Village service fees, Rental income, and others.