Ocugen (FRA:2H51) Cash And Cash Equivalents : €36.19 Mil (As of Dec. 2023)

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What is Ocugen Cash And Cash Equivalents?

Ocugen's quarterly cash and cash equivalents declined from Jun. 2023 (€65.14 Mil) to Sep. 2023 (€50.11 Mil) but then stayed the same from Sep. 2023 (€50.11 Mil) to Dec. 2023 (€36.19 Mil).

Ocugen's annual cash and cash equivalents declined from Dec. 2021 (€84.04 Mil) to Dec. 2022 (€73.22 Mil) and declined from Dec. 2022 (€73.22 Mil) to Dec. 2023 (€36.19 Mil).

Ocugen Cash And Cash Equivalents Historical Data

The historical data trend for Ocugen'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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Ocugen Cash And Cash Equivalents Chart

Ocugen Annual Data

Trend

Dec14

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Dec20

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Dec23

Cash And Cash Equivalents

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6.70

19.76

84.04

73.22

36.19

Ocugen Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															73.22	63.75	65.14	50.11	36.19

Ocugen 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.

Ocugen (FRA:2H51) 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.

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Ocugen (FRA:2H51) Business Description

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OCGN:USA OCGN:Mexico

Address

11 Great Valley Parkway, Malvern, PA, USA, 19355

Website

https://www.ocugen.com

Ocugen Inc is a clinical-stage biopharmaceutical company focused on discovering, developing, and commercializing gene therapies to cure blindness diseases and developing a vaccine to save lives from COVID-19. The breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with one drug one to many and novel biologic product candidate aims to offer better therapy to patients with underserved diseases such as wet age-related macular degeneration, diabetic macular edema and diabetic retinopathy. The company is co-developing Bharat Biotech's COVAXIN vaccine candidate for COVID-19 in the U.S. and Canadian markets.

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