Medinice (WAR:ICE) Cash And Cash Equivalents : zł7.62 Mil (As of Mar. 2024)

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What is Medinice Cash And Cash Equivalents?

Medinice's quarterly cash and cash equivalents declined from Sep. 2023 (zł14.04 Mil) to Dec. 2023 (zł10.32 Mil) but then stayed the same from Dec. 2023 (zł10.32 Mil) to Mar. 2024 (zł7.62 Mil).

Medinice's annual cash and cash equivalents declined from Dec. 2021 (zł31.94 Mil) to Dec. 2022 (zł21.19 Mil) and declined from Dec. 2022 (zł21.19 Mil) to Dec. 2023 (zł10.32 Mil).

Medinice Cash And Cash Equivalents Historical Data

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

Medinice Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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5.51

11.54

31.94

21.19

10.32

Medinice Quarterly Data
	Jun19	Sep19	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															18.83	17.32	14.04	10.32	7.62

Medinice 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.

Medinice (WAR:ICE) 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.

Medinice Cash And Cash Equivalents Related Terms

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Medinice (WAR:ICE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medinice SA (WAR:ICE) » Definitions » Cash And Cash Equivalents

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Address

ul. Karola Olszewskiego 6, Kielce, POL, 25-663

Website

http://www.medinice.pl

Medinice SA is a Polish company operating in the MedTech industry. The company is engaged in creating, developing and commercializing solutions in the field of medicine, in particular, cardiology and cardio surgery. Its portfolio includes close around 12 projects including CathAIO, an electrode with universal diagnostic, electrophysiological, haemodinamic and biohemic functions and can be used for RF ablation; cryoapplicator, for minimally invasive cardiosurgical cryoablation; Med-iConsole allows to reduce the need to use multiple computer devices during electrophysiological treatment; Minimax and Pacepress.