Hepion Pharmaceuticals (FRA:336) Cash And Cash Equivalents : €12.06 Mil (As of Mar. 2024)

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What is Hepion Pharmaceuticals Cash And Cash Equivalents?

Hepion Pharmaceuticals's quarterly cash and cash equivalents declined from Sep. 2023 (€18.07 Mil) to Dec. 2023 (€13.56 Mil) but then stayed the same from Dec. 2023 (€13.56 Mil) to Mar. 2024 (€12.06 Mil).

Hepion Pharmaceuticals's annual cash and cash equivalents declined from Dec. 2021 (€80.84 Mil) to Dec. 2022 (€48.32 Mil) and declined from Dec. 2022 (€48.32 Mil) to Dec. 2023 (€13.56 Mil).

Hepion Pharmaceuticals Cash And Cash Equivalents Historical Data

The historical data trend for Hepion Pharmaceuticals'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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Hepion Pharmaceuticals Cash And Cash Equivalents Chart

Hepion Pharmaceuticals Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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12.53

33.48

80.84

48.32

13.56

Hepion Pharmaceuticals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															40.16	28.17	18.07	13.56	12.06

Hepion Pharmaceuticals 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.

Hepion Pharmaceuticals (FRA:336) 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.

Hepion Pharmaceuticals Cash And Cash Equivalents Related Terms

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Hepion Pharmaceuticals (FRA:336) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Hepion Pharmaceuticals Inc (FRA:336) » Definitions » Cash And Cash Equivalents

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HEPA:USA

Address

399 Thornall Street, First Floor, Edison, NJ, USA, 08837

Website

https://www.hepionpharma.com

Hepion Pharmaceuticals Inc is a biopharmaceutical company that focuses primarily on the development of drug therapy for the treatment of chronic liver diseases. This therapeutic approach targets fibrosis and hepatocellular carcinoma associated with non-alcoholic steatohepatitis, viral hepatitis, and other liver diseases. Its cyclophilin inhibitor, Rencofilstat, is being developed to offer benefits to address these multiple complex pathologies. Rencofilstat is a pan cyclophilin inhibitor that targets multiple pathologic pathways involved in the progression of liver disease.

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