Aleafia Health (HAM:ARAH) Cash And Cash Equivalents : €0.32 Mil (As of Mar. 2023)

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What is Aleafia Health Cash And Cash Equivalents?

Aleafia Health's quarterly cash and cash equivalents declined from Sep. 2022 (€1.32 Mil) to Dec. 2022 (€0.30 Mil) but then increased from Dec. 2022 (€0.30 Mil) to Mar. 2023 (€0.32 Mil).

Aleafia Health's annual cash and cash equivalents declined from Dec. 2019 (€28.19 Mil) to Dec. 2020 (€19.23 Mil) and declined from Dec. 2020 (€19.23 Mil) to Mar. 2023 (€0.32 Mil).

Aleafia Health Cash And Cash Equivalents Historical Data

The historical data trend for Aleafia Health'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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Aleafia Health Cash And Cash Equivalents Chart

Aleafia Health Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Oct17

Dec18

Dec19

Dec20

Mar23

Cash And Cash Equivalents

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5.55

17.28

28.19

19.23

0.32

Aleafia Health Quarterly Data
	Oct17	Jan18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Jun22	Sep22	Dec22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial															3.15	4.03	1.32	0.30	0.32

Aleafia Health 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.

Aleafia Health (HAM:ARAH) 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.

Aleafia Health Cash And Cash Equivalents Related Terms

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Aleafia Health (HAM:ARAH) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aleafia Health Inc (HAM:ARAH) » Definitions » Cash And Cash Equivalents

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Address

85 Basaltic Road, Concord, ON, CAN, L4K 1G4

Website

https://www.aleafiahealth.com

Aleafia Health Inc is a vertically integrated cannabis health and wellness company which owns three cannabis product and cultivation facilities where it produces a diverse portfolio of commercially high-margin derivative products including oils, capsules and sprays. The company operates national network of medical cannabis clinics and has seen over 60,000 patients to date.

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