Plantable Health (Plantable Health) Cash And Cash Equivalents : $0.14 Mil (As of Jun. 2023)

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What is Plantable Health Cash And Cash Equivalents?

Plantable Health's quarterly cash and cash equivalents declined from Dec. 2022 ($0.42 Mil) to Mar. 2023 ($0.22 Mil) but then stayed the same from Mar. 2023 ($0.22 Mil) to Jun. 2023 ($0.14 Mil).

Plantable Health's annual cash and cash equivalents increased from Dec. 2020 ($0.13 Mil) to Dec. 2021 ($3.32 Mil) but then declined from Dec. 2021 ($3.32 Mil) to Dec. 2022 ($0.42 Mil).

Plantable Health Cash And Cash Equivalents Historical Data

The historical data trend for Plantable Health'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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Plantable Health Cash And Cash Equivalents Chart

Plantable Health Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.13

3.32

0.42

Plantable Health Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial						1.62	0.93	0.42	0.22	0.14

Plantable Health 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.

Plantable Health (OTCPK:PLBLF) 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.

Plantable Health Cash And Cash Equivalents Related Terms

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Plantable Health (Plantable Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Plantable Health Inc (OTCPK:PLBLF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6

Website

https://www.plantable.com

Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.

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