Neighbourly Pharmacy (TSX:NBLY) Cash And Cash Equivalents : C$17.5 Mil (As of Dec. 2023)

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What is Neighbourly Pharmacy Cash And Cash Equivalents?

Neighbourly Pharmacy's quarterly cash and cash equivalents declined from Jun. 2023 (C$16.20 Mil) to Sep. 2023 (C$11.78 Mil) but then increased from Sep. 2023 (C$11.78 Mil) to Dec. 2023 (C$17.49 Mil).

Neighbourly Pharmacy's annual cash and cash equivalents declined from Mar. 2021 (C$45.91 Mil) to Mar. 2022 (C$40.41 Mil) and declined from Mar. 2022 (C$40.41 Mil) to Mar. 2023 (C$22.89 Mil).

Neighbourly Pharmacy Cash And Cash Equivalents Historical Data

The historical data trend for Neighbourly Pharmacy'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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Neighbourly Pharmacy Cash And Cash Equivalents Chart

Neighbourly Pharmacy Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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2.57

3.91

45.91

40.41

22.89

Neighbourly Pharmacy Quarterly Data
	Mar18	Mar19	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														19.79	22.89	16.20	11.78	17.49

Neighbourly Pharmacy 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.

Neighbourly Pharmacy (TSX:NBLY) 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.

Neighbourly Pharmacy Cash And Cash Equivalents Related Terms

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Neighbourly Pharmacy (TSX:NBLY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Neighbourly Pharmacy Inc (TSX:NBLY) » Definitions » Cash And Cash Equivalents

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NBLYF:USA

Address

190 Attwell Drive, Unit 400, Toronto, ON, CAN, M9W 6H8

Website

https://www.neighbourlypharmacy.ca

Neighbourly Pharmacy Inc is a network of community pharmacies. Its pharmacies act as the centre of care within their communities, representing an indispensable source of both healthcare delivery and trusted advice for their patients.

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