TripSitter Clinic (TripSitter Clinic) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Oct. 2023)

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What is TripSitter Clinic Cash, Cash Equivalents, Marketable Securities?

TripSitter Clinic's quarterly cash, cash equivalents, marketable securities declined from Apr. 2023 ($0.01 Mil) to Jul. 2023 ($0.00 Mil) but then stayed the same from Jul. 2023 ($0.00 Mil) to Oct. 2023 ($0.00 Mil).

TripSitter Clinic's annual cash, cash equivalents, marketable securities increased from Jan. 2021 ($0.61 Mil) to Jan. 2022 ($1.03 Mil) but then declined from Jan. 2022 ($1.03 Mil) to Jan. 2023 ($0.04 Mil).

TripSitter Clinic Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TripSitter Clinic'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.

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TripSitter Clinic Cash, Cash Equivalents, Marketable Securities Chart

TripSitter Clinic Annual Data

Trend

Jan21

Jan22

Jan23

Cash, Cash Equivalents, Marketable Securities

0.61

1.03

0.04

TripSitter Clinic Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial							0.06	0.04	0.01	-	-

TripSitter Clinic 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.

TripSitter Clinic (OTCPK:TSTTF) 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.

TripSitter Clinic Cash, Cash Equivalents, Marketable Securities Related Terms

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TripSitter Clinic (TripSitter Clinic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » TripSitter Clinic Ltd (OTCPK:TSTTF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

UY00:Germany KETA:Canada

Address

77 King Street West, Suite 700, Toronto, ON, CAN, M5K 1G8

Website

https://www.tripsitter.clinic

TripSitter Clinic Ltd is a consultative virtual clinic and telehealth platform that connects prospective patients to a licensed physician in the United States who can evaluate for a prescribed treatment program of low-dose, oral ketamine medication. Its revenues are generated from the provision of initial consultations and monthly subscriptions to patients seeking mental health treatment that includes legal psychedelic medicine connected with licensed medical practitioners.