Holdco Nuvo Group DG (Holdco Nuvo Group DG) Cash And Cash Equivalents : $0.55 Mil (As of Dec. 2023)

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What is Holdco Nuvo Group DG Cash And Cash Equivalents?

Holdco Nuvo Group DG's quarterly cash and cash equivalents declined from Dec. 2021 ($4.60 Mil) to Dec. 2022 ($0.84 Mil) but then stayed the same from Dec. 2022 ($0.84 Mil) to Dec. 2023 ($0.55 Mil).

Holdco Nuvo Group DG's annual cash and cash equivalents declined from Dec. 2021 ($4.60 Mil) to Dec. 2022 ($0.84 Mil) and declined from Dec. 2022 ($0.84 Mil) to Dec. 2023 ($0.55 Mil).

Holdco Nuvo Group DG Cash And Cash Equivalents Historical Data

The historical data trend for Holdco Nuvo Group DG'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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Holdco Nuvo Group DG Cash And Cash Equivalents Chart

Holdco Nuvo Group DG Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

4.60

0.84

0.55

Holdco Nuvo Group DG Semi-Annual Data
	Dec21	Dec22	Dec23
Cash And Cash Equivalents	4.60	0.84	0.55

Holdco Nuvo Group DG 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.

Holdco Nuvo Group DG (NAS:NUVO) 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.

Holdco Nuvo Group DG Cash And Cash Equivalents Related Terms

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Holdco Nuvo Group DG (Holdco Nuvo Group DG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Holdco Nuvo Group DG Ltd (NAS:NUVO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

94 Yigal Alon Street, Alon Tower 1, Tel Aviv, ISR, 6789155

Website

https://www.nuvocares.com

Holdco Nuvo Group DG Ltd is a women's health and connected pregnancy care company and has developed INVU by Nuvo, an FDA-cleared, prescription-initiated, remote pregnancy monitoring platform that enables the delivery of remote non-stress tests and maternal and fetal heart rate monitoring, helping expectant mothers adhere to their prescribed care plan. It is leading the transformation from a world where pregnancy care is limited by outdated technology and barriers to accessing care to a world where data-driven, clinically relevant, actionable insights can be accessed both at home and in the clinic. INVU is composed of a hardware component (wearable), with digital signal processing and cloud analytics, and interfaces for every participant involved in pregnancy care.

Holdco Nuvo Group DG (Holdco Nuvo Group DG) Headlines

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