MedAvail Holdings (STU:73M) Cash And Cash Equivalents : €13.25 Mil (As of Jun. 2023)

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What is MedAvail Holdings Cash And Cash Equivalents?

MedAvail Holdings's quarterly cash and cash equivalents increased from Dec. 2022 (€10.80 Mil) to Mar. 2023 (€17.56 Mil) but then stayed the same from Mar. 2023 (€17.56 Mil) to Jun. 2023 (€13.25 Mil).

MedAvail Holdings's annual cash and cash equivalents declined from Dec. 2020 (€47.62 Mil) to Dec. 2021 (€17.43 Mil) and declined from Dec. 2021 (€17.43 Mil) to Dec. 2022 (€10.80 Mil).

MedAvail Holdings Cash And Cash Equivalents Historical Data

The historical data trend for MedAvail 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.

* Premium members only.

MedAvail Holdings Cash And Cash Equivalents Chart

MedAvail Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

7.91

47.62

17.43

10.80

MedAvail Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial										27.63	27.47	10.80	17.56	13.25

MedAvail 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.

MedAvail Holdings (STU:73M) 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.

MedAvail Holdings Cash And Cash Equivalents Related Terms

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MedAvail Holdings (STU:73M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MedAvail Holdings Inc (STU:73M) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MDVL:USA

Address

4720 East Cotton Gin Loop, Suite 220, Phoenix, AZ, USA, 85040

Website

https://www.medavail.com

MedAvail Holdings Inc is a telehealth-enabled pharmacy technology company. It operates in two segments: Retail Pharmacy Services and Pharmacy Technology. It generates the majority of revenue from the Retail Pharmacy Services segment, which is into operating SpotRx, a full-service retail pharmacy utilizing MedAvail's automated pharmacy technology, primarily servicing Medicare patients in the United States. The Pharmacy Technology segment develops and commercializes the MedCenter for direct sale or lease to third-party customers.

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