Ascendis Health (JSE:ASC) Beginning Cash Position: R125 Mil (As of Jun. 2023)

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JSE:ASC Ascendis Health Ltd JSE:ASC
11 GF Score
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What is Ascendis Health Beginning Cash Position?

Ascendis Health JSE:ASC 11 Beginning Cash Position is R125 Mil as of Jun. 2023. GuruFocus rates JSE:ASC with a GF Score™ of 11/100.

Ascendis Health's Beginning Cash Position for the quarter that ended in Jun. 2023 was R125 Mil.

Ascendis Health's quarterly Beginning Cash Position declined from Jun. 2022 (R237 Mil) to Dec. 2022 (R217 Mil) and declined from Dec. 2022 (R217 Mil) to Jun. 2023 (R125 Mil).

Ascendis Health's annual Beginning Cash Position increased from Jun. 2021 (R230 Mil) to Jun. 2022 (R537 Mil) but then declined from Jun. 2022 (R537 Mil) to Jun. 2023 (R217 Mil).

Ascendis Health Beginning Cash Position Related Terms

Ascendis Health Beginning Cash Position Historical Data

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The historical data trend for Ascendis Health's Beginning Cash Position 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.

Ascendis Health Beginning Cash Position Chart

Ascendis Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 630.16 391.63 230.25 537.18 217.42

Ascendis Health Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 149.79 524.36 237.37 217.42 125.04
JSE:ASC
11GF Score
Ascendis Health Ltd JSE:ASC
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascendis Health Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of R125 Mil mean?
Ascendis Health (JSE:ASC) has a Beginning Cash Position of R125 Mil as of Jun. 2023. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Ascendis Health and its competitors.
Is Ascendis Health's Beginning Cash Position too high?
Ascendis Health's current Beginning Cash Position is R125 Mil. Overall, Ascendis Health has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Health's Beginning Cash Position compare to PHBI and GCAN?
Ascendis Health's Beginning Cash Position of R125 Mil can be compared against companies in the Medical Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Medical Distribution company?
A good Beginning Cash Position depends on the Medical Distribution industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Ascendis Health and its competitors. Ascendis Health's current Beginning Cash Position is R125 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Health stock overvalued right now?
Ascendis Health (JSE:ASC) has a current Beginning Cash Position of R125 Mil. The current Beginning Cash Position is R125 Mil. Ascendis Health's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Ascendis Health (JSE:ASC), the current Beginning Cash Position is R125 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ascendis Health Business Description

Address 1 Carey Street, Wynberg, Sandton, GT, ZAF, 2090
Ascendis Health Ltd is a health and wellness investment holding Company that holds investments in a number of companies that market and distribute a portfolio of brands, products, and medical devices. The company operates in two segments: i) Consumer Health (wellness, health supplements, speciality ingredients and compounded medicines) and ii) Medical Devices (distributor of medical devices, in vitro diagnostic products and orthopaedic equipment). The company generates the majority of its revenue from the Medical Devices segment.
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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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