LUFFF (Herbal Dispatch) Cash And Cash Equivalents : $0.27 Mil (As of Sep. 2024)

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What is Herbal Dispatch Cash And Cash Equivalents?

Herbal Dispatch's quarterly cash and cash equivalents increased from Mar. 2024 ($0.16 Mil) to Jun. 2024 ($0.46 Mil) but then stayed the same from Jun. 2024 ($0.46 Mil) to Sep. 2024 ($0.27 Mil).

Herbal Dispatch's annual cash and cash equivalents declined from Dec. 2021 ($3.03 Mil) to Dec. 2022 ($0.89 Mil) and declined from Dec. 2022 ($0.89 Mil) to Dec. 2023 ($0.17 Mil).

Herbal Dispatch Cash And Cash Equivalents Historical Data

The historical data trend for Herbal Dispatch'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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Herbal Dispatch Cash And Cash Equivalents Chart

Herbal Dispatch Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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3.03

1.51

3.03

0.89

0.17

Herbal Dispatch Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.20	0.17	0.16	0.46	0.27

Herbal Dispatch 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.

Herbal Dispatch (OTCPK:LUFFF) 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.

Herbal Dispatch Cash And Cash Equivalents Related Terms

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Herbal Dispatch Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Herbal Dispatch Inc (OTCPK:LUFFF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

HERB:Canada

Address

1055 West Georgia Street, Suite 1750, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

https://www.herbaldispatch.com

Herbal Dispatch Inc owns and operates cannabis e-commerce platforms in both Canada and the United States and is dedicated to providing top-quality cannabis to informed consumers at affordable pricing. The company's flagship cannabis marketplace, Herbal Dispatch, is a trusted source for exclusive access to small-batch craft cannabis flowers and a wide array of other product formats. It generates revenue in one reportable segment: cannabis and cannabis-related products. Geographically, the company generates a majority of its revenue from Canada.