UEEC has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
UEEC has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. United Health Products's Cash Ratio for the quarter that ended in Mar. 2024 was 0.04.
United Health Products has a Cash Ratio of 0.04. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.
The historical rank and industry rank for United Health Products's Cash Ratio or its related term are showing as below:
During the past 13 years, United Health Products's highest Cash Ratio was 1.02. The lowest was 0.01. And the median was 0.04.
The historical data trend for United Health Products's Cash Ratio 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.
United Health Products Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cash Ratio | Get a 7-Day Free Trial | 0.02 | 0.04 | 0.02 | 0.01 | 0.05 |
United Health Products Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Ratio | Get a 7-Day Free Trial | 0.01 | 0.06 | 0.04 | 0.05 | 0.04 |
For the Medical Instruments & Supplies subindustry, United Health Products's Cash Ratio, along with its competitors' market caps and Cash Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Medical Devices & Instruments industry and Healthcare sector, United Health Products's Cash Ratio distribution charts can be found below:
* The bar in red indicates where United Health Products's Cash Ratio falls into.
The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.
United Health Products's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Ratio (A: Dec. 2023 ) | = | Cash, Cash Equivalents, Marketable Securities | / | Total Current Liabilities |
= | 0.095 | / | 1.95 | |
= | 0.05 |
United Health Products's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:
Cash Ratio (Q: Mar. 2024 ) | = | Cash, Cash Equivalents, Marketable Securities | / | Total Current Liabilities |
= | 0.081 | / | 1.989 | |
= | 0.04 |
* 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.
United Health Products (OTCPK:UEEC) Cash Ratio Explanation
The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.
The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.
In general, the higher the cash ratio, the better the company's liquidity position.
Thank you for viewing the detailed overview of United Health Products's Cash Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Brian David Thom | officer: CEO | 10624 S EASTERN AVE., STE A209, HENDERSON NV 89052 |
Kristofer Heaton | officer: Vice-President Finance, CFO | 526 COMMERCE CIRCLE, STE 120, MESQUITE NV 89027 |
Nate Knight | director | C/O MORSE & MORSE, PLLC, 1400 OLD COUNTRY ROAD, SUITE 302, WESTBURY NY 11590 |
Louis Schiliro | officer: Chief Operating Officer | 10624 S. EASTERN AVENUE, STE. A209, HENDERSON NV 89052 |
Douglas K Beplate | officer: CEO | |
Robert J. Denser | director | 10624 S. EASTERN AVE., STE. A209, HENDERSON NV 89052 |
John Vito Capotorto | director | 1090 KING GEORGES POST ROAD, SUITE 501, EDISON NJ 08837 |
Sherman Lazrus | director | |
Rodney Paul Leibowitz | director | 420 EAST 54TH STREET, APARTMENT 15B, NEW YORK NY 10022 |
Michael R. Wiechnik | director | 11 PRESWICK DR., MEDFORD NJ 08055 |
Richard Rifenburgh | director | 2637 E. ATLANTIC BLVD., #133, POMPANO BEACH FL 33062 |
Phillip David Forman | director, officer: President, Chairman and CEO | 1090 KING GEORGES POST RD,501, EDISON NJ 08837 |
Jan E Chason | director, officer: Chief Financial Officer | 120 WALL STREET, SUITE 2401, NEW YORK NY 10005 |
Kelly Thomas Hickel | director, officer: Chief Executive Officer | 1630A 30TH STREET, SUITE 300, BOULDER CO 80301 |
Patrick Donelan | 10 percent owner | 3570 LAKEVIEW DRIVE, DELRAY BEACH FL 33445 |
From GuruFocus
By Marketwired Marketwired • 05-01-2018
By Marketwired Marketwired • 10-25-2018
By Marketwired Marketwired • 04-24-2019
By Marketwired Marketwired • 11-02-2018
By Marketwired Marketwired • 08-29-2019
By Marketwired Marketwired • 08-28-2019
By ACCESSWIRE ACCESSWIRE • 06-28-2021
By Marketwired Marketwired • 12-17-2018
By Marketwired Marketwired • 10-23-2019
By Marketwired Marketwired • 08-14-2019
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.