Canada House Wellness Group (Canada House Wellness Group) Cash And Cash Equivalents : $0.38 Mil (As of Apr. 2023)

View and export this data going back to . Start your Free Trial

What is Canada House Wellness Group Cash And Cash Equivalents?

Canada House Wellness Group's quarterly cash and cash equivalents declined from Oct. 2022 ($0.61 Mil) to Jan. 2023 ($0.34 Mil) but then increased from Jan. 2023 ($0.34 Mil) to Apr. 2023 ($0.38 Mil).

Canada House Wellness Group's annual cash and cash equivalents declined from Apr. 2019 ($2.56 Mil) to Apr. 2020 ($1.26 Mil) but then increased from Apr. 2020 ($1.26 Mil) to Apr. 2021 ($1.47 Mil).

Canada House Wellness Group Cash And Cash Equivalents Historical Data

The historical data trend for Canada House Wellness Group'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.

Canada House Wellness Group Cash And Cash Equivalents Chart

Canada House Wellness Group Annual Data

Trend

Mar12

Mar13

Mar14

Jul15

Jul16

Apr17

Apr18

Apr19

Apr20

Apr21

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.54

7.03

2.56

1.26

1.47

Canada House Wellness Group Quarterly Data
	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Oct22	Jan23	Apr23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.70	0.45	0.61	0.34	0.38

Canada House Wellness Group 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.

Canada House Wellness Group (OTCPK:SARSF) 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.

Canada House Wellness Group Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Canada House Wellness Group's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Canada House Wellness Group (Canada House Wellness Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Canada House Wellness Group Inc (OTCPK:SARSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Rue, Saint Marc, Louiseville, Quebec, QC, CAN, J5V 2L4

Website

https://canadahouse.ca/

Canada House Cannabis Group Inc is a licensed producer that produces high quality medical grade cannabis. IsoCanMed Inc, a Licensed Producer in Louiseville, Quebec growing indoor cannabis, production facility employing state of the art vertical, aeroponic production methodologies; Canada House Clinics Inc, with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis; Margaree Health Group a medical cannabis clinic.

Canada House Wellness Group (Canada House Wellness Group) Headlines

No Headlines