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GPT Healthcare (NSE:GPTHEALTH) Cash And Cash Equivalents : ₹17 Mil (As of Mar. 2024)


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What is GPT Healthcare Cash And Cash Equivalents?

GPT Healthcare's quarterly cash and cash equivalents declined from Mar. 2023 (₹65.99 Mil) to Sep. 2023 (₹42.70 Mil) but then stayed the same from Sep. 2023 (₹42.70 Mil) to Mar. 2024 (₹16.93 Mil).

GPT Healthcare's annual cash and cash equivalents declined from Mar. 2022 (₹82.68 Mil) to Mar. 2023 (₹65.99 Mil) and declined from Mar. 2023 (₹65.99 Mil) to Mar. 2024 (₹16.93 Mil).

GPT Healthcare Cash And Cash Equivalents Historical Data

The historical data trend for GPT Healthcare'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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GPT Healthcare Cash And Cash Equivalents Chart

GPT Healthcare Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents
47.76 82.68 65.99 16.93

GPT Healthcare Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial 82.68 - 65.99 42.70 16.93

GPT Healthcare 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.

GPT Healthcare  (NSE:GPTHEALTH) 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.

GPT Healthcare Cash And Cash Equivalents Related Terms

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GPT Healthcare (NSE:GPTHEALTH) Business Description

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544131:India
Address
GPT Centre, JC-25, Sector III, Salt Lake, Kolkata, WB, IND, 700106
Website
https://ilshospitals.com
GPT Healthcare Ltd is engaged in healthcare sector. It operates a chain of mid-sized full service hospitals under the ILS brand and provide integrated healthcare services, with a focus on secondary and tertiary care and operates four multispecialty hospitals in Dum Dum, Salt Lake and Howrah in West Bengal and Agartala in Tripura with a total capacity of 561 beds. It offers a comprehensive range of healthcare services across over 35 specialties and super specialties, including internal medicine and diabetology, nephrology (including renal transplants), laparoscopic and general surgery, gynaecology and obstetrics, critical care, gastroenterology, orthopaedics and joint replacements, interventional cardiology, neurology, neurosurgery, paediatrics, and neonatology.

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