LifeSpeak (TSX:LSPK) Cash And Cash Equivalents : C$7.06 Mil (As of Mar. 2024)

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What is LifeSpeak Cash And Cash Equivalents?

LifeSpeak's quarterly cash and cash equivalents declined from Sep. 2023 (C$4.93 Mil) to Dec. 2023 (C$3.86 Mil) but then increased from Dec. 2023 (C$3.86 Mil) to Mar. 2024 (C$7.06 Mil).

LifeSpeak's annual cash and cash equivalents declined from Dec. 2021 (C$31.86 Mil) to Dec. 2022 (C$6.53 Mil) and declined from Dec. 2022 (C$6.53 Mil) to Dec. 2023 (C$3.86 Mil).

LifeSpeak Cash And Cash Equivalents Historical Data

The historical data trend for LifeSpeak'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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LifeSpeak Cash And Cash Equivalents Chart

LifeSpeak Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.01

0.13

31.86

6.53

3.86

LifeSpeak Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial														4.95	5.68	4.93	3.86	7.06

LifeSpeak 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.

LifeSpeak (TSX:LSPK) 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.

LifeSpeak Cash And Cash Equivalents Related Terms

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LifeSpeak (TSX:LSPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LifeSpeak Inc (TSX:LSPK) » Definitions » Cash And Cash Equivalents

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LSPKF:USA

Address

49 Wellington Street East, Suite 301, Toronto, ON, CAN, M5E 1C9

Website

https://www.lifespeak.com

LifeSpeak Inc is a software-as-a-service provider of a platform for mental health and total wellbeing education for organizational employees and customers. LifeSpeak's proprietary library's depth and breadth of easily consumable content helps companies around the world support their people anytime and anywhere. The firm serves a client base across many industries and sectors, including Fortune 500 companies, government agencies, insurance providers, and other health technology firms. The company derives revenue from subscription of its product (subscription revenue) comprised of its hosted platform. It generates majority of the revenue from Canada.

Executives

Michael Stuart Held	10% Security Holder, Director, Senior Officer
Nolan Jeffrey Bederman	Director, Senior Officer

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