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Netcare's Beginning Cash Position for the quarter that ended in Mar. 2026 was R1,889 Mil.
Netcare's quarterly Beginning Cash Position
increased
from Mar. 2025 (R1,802 Mil) to Sep. 2025 (R3,098 Mil) but then
declined
from Sep. 2025 (R3,098 Mil) to Mar. 2026 (R1,889 Mil).
Netcare's annual Beginning Cash Position
increased
from Sep. 2023 (R1,495 Mil) to Sep. 2024 (R2,278 Mil) but then
declined
from Sep. 2024 (R2,278 Mil) to Sep. 2025 (R1,802 Mil).
The historical data trend for Netcare'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.
What does a Beginning Cash Position of R1,889 Mil mean?
Netcare (JSE:NTC) has a Beginning Cash Position of R1,889 Mil as of Mar. 2026. 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 Netcare and its competitors.
Is Netcare's Beginning Cash Position too high?
Netcare's current Beginning Cash Position is R1,889 Mil. Overall, Netcare has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Netcare's Beginning Cash Position compare to HCA and THC?
Netcare's Beginning Cash Position of R1,889 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Beginning Cash Position depends on the Healthcare Providers & Services 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 Netcare and its competitors. Netcare's current Beginning Cash Position is R1,889 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcare stock overvalued right now?
Based on GuruFocus' analysis, Netcare (JSE:NTC) is currently considered Modestly Overvalued. The stock's GF Value™ is R17.02, compared to a current price of R19.00 — trading 11.6% above its estimated fair value. The current Beginning Cash Position is R1,889 Mil. Netcare's overall GF Score™ is 83/100 with 6 warning signs to review. 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 Netcare (JSE:NTC), the current Beginning Cash Position is R1,889 Mil as of Mar. 2026. 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.
Is Netcare (JSE:NTC) Overvalued in 2026?
Based on GuruFocus' analysis, Netcare stock appears to be overvalued.
The current stock price of R19.00 is trading 11.6% above its estimated GF Value™ of R17.02.
GuruFocus considers Netcare to be Modestly Overvalued.
Key valuation signals for JSE:NTC:
Beginning Cash Position: R1,889 Mil
GF Value™: R17.02 vs. price of R19.00 (11.6% above fair value)
No single metric tells the full story. See the JSE:NTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Netcare Ltd operates a network of hospitals in South Africa. Its network also includes emergency, cancer care, diagnostic support, primary care, and renal care services as well as occupational health and wellness services. The firm operates in two segments: Hospital and emergency services and Primary Care. The Hospital and emergency services segment contributes to majority of the firm's revenue. Netcare's services include Netcare appointmed TM, Netcare Cancer Care, Netcare Family Connect Line, Netcare Occupational Health and Netcare Pharmacy.
83GF Score
Get the complete analysis for JSE:NTC
Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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