Eviana Health (XCNQ:EHC) Cash And Cash Equivalents : C$7.40 Mil (As of Mar. 2019)

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What is Eviana Health Cash And Cash Equivalents?

Eviana Health's quarterly cash and cash equivalents increased from Sep. 2018 (C$0.95 Mil) to Dec. 2018 (C$8.68 Mil) but then stayed the same from Dec. 2018 (C$8.68 Mil) to Mar. 2019 (C$7.40 Mil).

Eviana Health's annual cash and cash equivalents increased from Jun. 2016 (C$0.00 Mil) to Jun. 2017 (C$0.20 Mil) and increased from Jun. 2017 (C$0.20 Mil) to Jun. 2018 (C$3.03 Mil).

Eviana Health Cash And Cash Equivalents Historical Data

The historical data trend for Eviana 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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Eviana Health Cash And Cash Equivalents Chart

Eviana Health Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Cash And Cash Equivalents

0.20

3.03

Eviana Health Quarterly Data
	Jun15	Mar16	Jun16	Sep16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Cash And Cash Equivalents	Get a 7-Day Free Trial								3.89	3.03	0.95	8.68	7.40

Eviana 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.

Eviana Health (XCNQ:EHC) 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.

Eviana Health Cash And Cash Equivalents Related Terms

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Eviana Health (XCNQ:EHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eviana Health Corp (XCNQ:EHC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

5728 East Boulevard, Vancouver, BC, CAN, V6M 4M4

Website

http://www.eviana.ca

Eviana Health Corp produces and sells cannabinoid products from natural hemp strains of cannabis sativa for consumer health-care products, pharmaceuticals, nutraceuticals, and cosmeceuticals, as well as for topical creams and other health and wellness products.

Executives

Olivier Robert Francis Benloulou

10% Security Holder