Carmell's quarterly cash and cash equivalents
declined
from Sep. 2023 ($7.97 Mil) to Dec. 2023 ($2.91 Mil) but then
stayed the same
from Dec. 2023 ($2.91 Mil) to Mar. 2024 ($0.89 Mil).
Carmell's annual cash and cash equivalents
increased
from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.13 Mil) and
increased
from Dec. 2022 ($0.13 Mil) to Dec. 2023 ($2.91 Mil).
Carmell Cash And Cash Equivalents Historical Data
The historical data trend for Carmell'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.
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.
Carmell (NAS:CTCX) 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.
Carmell Cash And Cash Equivalents Related Terms
Thank you for viewing the detailed overview of Carmell's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
Carmell Corp is a regenerative care company with a focus on using human biomaterials for aesthetic and medical care. Its commercial product is a human amnion allograft that can be used as a structural barrier for wound healing. Carmell's R&D pipeline includes several innovative aesthetic, epithelial and bone products under development.
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