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

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What is Medinice Cash, Cash Equivalents, Marketable Securities?

Medinice's quarterly cash, cash equivalents, marketable securities 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, cash equivalents, marketable securities 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, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Medinice'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.

Medinice Cash, Cash Equivalents, Marketable Securities Chart

Medinice Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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5.53

11.56

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, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															18.83	17.32	14.04	10.32	7.62

Medinice 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.

Medinice (WAR:ICE) 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.

Medinice Cash, Cash Equivalents, Marketable Securities 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, Cash Equivalents, Marketable Securities

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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.