HQDA Elderly Life Network (HQDA Elderly Life Network) Cash, Cash Equivalents, Marketable Securities

: $0.01 Mil (As of Mar. 2022)

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HQDA Elderly Life Network's quarterly cash, cash equivalents, marketable securities increased from Sep. 2021 ($0.01 Mil) to Dec. 2021 ($0.02 Mil) but then stayed the same from Dec. 2021 ($0.02 Mil) to Mar. 2022 ($0.01 Mil).

HQDA Elderly Life Network's annual cash, cash equivalents, marketable securities declined from Jun. 2019 ($0.35 Mil) to Jun. 2020 ($0.12 Mil) and declined from Jun. 2020 ($0.12 Mil) to Jun. 2021 ($0.03 Mil).

HQDA Elderly Life Network Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for HQDA Elderly Life Network'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.

HQDA Elderly Life Network Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash, Cash Equivalents, Marketable Securities

9.70

0.35

0.12

0.03

HQDA Elderly Life Network Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash, Cash Equivalents, Marketable Securities																0.05	0.03	0.01	0.02	0.01

HQDA Elderly Life Network 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.

HQDA Elderly Life Network (OTCPK:HQDA) 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.

HQDA Elderly Life Network Cash, Cash Equivalents, Marketable Securities Related Terms

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HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » HQDA Elderly Life Network Corp (OTCPK:HQDA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770

Website

http://www.hqda.net

HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.

Executives

Ann-marie Cederholm	director, officer: CFO	102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland	director, 10 percent owner, officer: CEO	1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game	director	3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines

From GuruFocus

HQDA Elderly Life Network Corp. Acquires an 8.84-Acre Land in Shanghai (Symbol: HQDA)

By Marketwired Marketwired • 08-15-2018

HQDA Announces New Air Route for its Subsidiary leads new tourists to Palau

By Marketwired Marketwired • 06-04-2019

HQDA Acquires 51% of Palua Airline and Tourism Companies

By GlobeNewswire GlobeNewswire • 04-19-2019

HQDA Acquires 51% of Palua Airline and Tourism Companies

By Marketwired Marketwired • 04-19-2019

HQDA ELDERLY LIFE NETWORK CORP. KICKS OFF AFTER COVID-19 PANDEMIC.

By Marketwired Marketwired • 11-09-2020

Hartford Announces Securities Purchase Agreement with HQDA International Investment Holdings Ltd.

By Marketwired Marketwired • 04-09-2018