RCAR (RenovaCare) Beginning Cash Position: $0.25 Mil (As of Sep. 2022)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is RenovaCare Beginning Cash Position?

RenovaCare RCAR -99.00% Beginning Cash Position is $0.25 Mil as of Sep. 2022.

RenovaCare's Beginning Cash Position for the quarter that ended in Sep. 2022 was $0.25 Mil.

RenovaCare's quarterly Beginning Cash Position declined from Mar. 2022 ($2.85 Mil) to Jun. 2022 ($1.87 Mil) and declined from Jun. 2022 ($1.87 Mil) to Sep. 2022 ($0.25 Mil).

RenovaCare's annual Beginning Cash Position declined from Dec. 2019 ($15.40 Mil) to Dec. 2020 ($12.19 Mil) and declined from Dec. 2020 ($12.19 Mil) to Dec. 2021 ($7.41 Mil).

RenovaCare Beginning Cash Position Related Terms

RenovaCare Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for RenovaCare'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.

RenovaCare Beginning Cash Position Chart

RenovaCare Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 2.91 15.40 12.19 7.41

RenovaCare Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 4.34 3.42 2.85 1.87 0.25

RenovaCare 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 $0.25 Mil mean?
RenovaCare (RCAR) has a Beginning Cash Position of $0.25 Mil as of Sep. 2022. 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 RenovaCare and its competitors.
Is RenovaCare's Beginning Cash Position too high?
RenovaCare's current Beginning Cash Position is $0.25 Mil.
How does RenovaCare's Beginning Cash Position compare to ONCSQ and STAB?
RenovaCare's Beginning Cash Position of $0.25 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Beginning Cash Position depends on the Biotechnology 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 RenovaCare and its competitors. RenovaCare's current Beginning Cash Position is $0.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RenovaCare stock overvalued right now?
RenovaCare (RCAR) has a current Beginning Cash Position of $0.25 Mil. The current Beginning Cash Position is $0.25 Mil. 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 RenovaCare (RCAR), the current Beginning Cash Position is $0.25 Mil as of Sep. 2022. 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.

RenovaCare Business Description

Address 9375 East Shea Boulvard, Suite 107-A, Scottsdale, AZ, USA, 85260
RenovaCare Inc is a biotechnology company focusing on the acquisition, research, development and commercialization of autologous cellular therapies that can be used for medical and aesthetic applications. The company's initial products under development target skin. It offers treatment methodology for cell isolation for the regeneration of human skin cells, along with a medical-grade liquid spraying device and associated equipment (the SkinGun). RenovaCare is evaluating the efficacy and potential of SkinGun, in combination with a cell isolation method, in the treatment of tissue that has been subject to severe trauma. Geographically all the activities are functioned through the region of United States.