Nexia Health Technologies (TSXV:NGH.H) Cash And Cash Equivalents : C$0.19 Mil (As of Dec. 2019)

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What is Nexia Health Technologies Cash And Cash Equivalents?

Nexia Health Technologies's quarterly cash and cash equivalents declined from Jun. 2019 (C$0.55 Mil) to Sep. 2019 (C$0.34 Mil) but then stayed the same from Sep. 2019 (C$0.34 Mil) to Dec. 2019 (C$0.19 Mil).

Nexia Health Technologies's annual cash and cash equivalents declined from Mar. 2017 (C$1.60 Mil) to Mar. 2018 (C$1.28 Mil) and declined from Mar. 2018 (C$1.28 Mil) to Mar. 2019 (C$0.74 Mil).

Nexia Health Technologies Cash And Cash Equivalents Historical Data

The historical data trend for Nexia Health Technologies'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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Nexia Health Technologies Cash And Cash Equivalents Chart

Nexia Health Technologies Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Cash And Cash Equivalents

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0.34

0.84

1.60

1.28

0.74

Nexia Health Technologies Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.82	0.74	0.55	0.34	0.19

Nexia Health Technologies 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.

Nexia Health Technologies (TSXV:NGH.H) 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.

Nexia Health Technologies Cash And Cash Equivalents Related Terms

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Nexia Health Technologies (TSXV:NGH.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Nexia Health Technologies Inc (TSXV:NGH.H) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

15 Allstate Parkway, 6th Floor, Markham, ON, CAN, L3R5B4

Website

http://www.nexiahealth.com

Nexia Health Technologies Inc engaged in the development, sale, and support of application software and related services to customers in the healthcare industry in Canada and the United States. The company is engaged in the licensing and sale of its intellectual property. It provides Healthcare Technology solutions, which involves Cloud, Clearinghouse, eForms designer and Mobile application designer. The company generates revenue by selling monthly utilization of its application software and by selling perpetual licenses of the company's application software and related support and maintenance. The company discontinued all its operation.

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