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Life Healthcare Group Holdings (JSE:LHC) Cash, Cash Equivalents, Marketable Securities : R10,149 Mil (As of Mar. 2024)


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What is Life Healthcare Group Holdings Cash, Cash Equivalents, Marketable Securities?

Life Healthcare Group Holdings's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (R1,368.00 Mil) to Sep. 2023 (R846.00 Mil) but then increased from Sep. 2023 (R846.00 Mil) to Mar. 2024 (R10,149.00 Mil).

Life Healthcare Group Holdings's annual cash, cash equivalents, marketable securities increased from Sep. 2021 (R2,672.00 Mil) to Sep. 2022 (R2,802.00 Mil) but then declined from Sep. 2022 (R2,802.00 Mil) to Sep. 2023 (R846.00 Mil).


Life Healthcare Group Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Life Healthcare Group Holdings's Cash, Cash Equivalents, Marketable Securities 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.

Life Healthcare Group Holdings Cash, Cash Equivalents, Marketable Securities Chart

Life Healthcare Group Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,544.00 2,279.00 2,672.00 2,802.00 846.00

Life Healthcare Group Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,149.00 2,802.00 1,368.00 846.00 10,149.00

Life Healthcare Group Holdings Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Life Healthcare Group Holdings  (JSE:LHC) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.


Life Healthcare Group Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Life Healthcare Group Holdings Business Description

Traded in Other Exchanges
Address
203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196
Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include hospitals and complementary services, healthcare services, and Radiopharmaceutical products. The hospitals and complementary services segment generates majority of the revenue. Its services include mental healthcare, acute rehabilitation, renal dialysis, and oncology. The smaller growth initiatives segment focuses on clinical quality products, and outpatient business in South Africa.

Life Healthcare Group Holdings Headlines