RHKJF (Rhoen Klinikum AG) Cash And Cash Equivalents : $332 Mil (As of Sep. 2024)

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What is Rhoen Klinikum AG Cash And Cash Equivalents?

Rhoen Klinikum AG's quarterly cash and cash equivalents increased from Mar. 2024 ($245.23 Mil) to Jun. 2024 ($270.52 Mil) and increased from Jun. 2024 ($270.52 Mil) to Sep. 2024 ($331.95 Mil).

Rhoen Klinikum AG's annual cash and cash equivalents declined from Dec. 2021 ($142.73 Mil) to Dec. 2022 ($81.92 Mil) but then increased from Dec. 2022 ($81.92 Mil) to Dec. 2023 ($224.69 Mil).

Rhoen Klinikum AG Cash And Cash Equivalents Historical Data

The historical data trend for Rhoen Klinikum AG'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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Rhoen Klinikum AG Cash And Cash Equivalents Chart

Rhoen Klinikum AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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141.88

110.65

142.73

81.92

224.69

Rhoen Klinikum AG 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															164.06	224.69	245.23	270.52	331.95

Rhoen Klinikum AG 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.

Rhoen Klinikum AG (OTCPK:RHKJF) 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.

Rhoen Klinikum AG Cash And Cash Equivalents Related Terms

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Rhoen Klinikum AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rhoen Klinikum AG (OTCPK:RHKJF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

0NQH:UK RHK:Germany

Address

Salzburger Leite 1, Bad Neustadt a. d. Saale, DEU, 97616

Website

https://www.rhoen-klinikum-ag.com

Rhoen Klinikum AG provides medical care focused in five key areas: cardiovascular medicine, neuromedicine, oncology, pulmonary diseases, and orthopedic and trauma surgery. The firm operates in three business areas: acute hospitals, medical care centers, and rehabilitation hospitals. The acute hospitals business contributes to the vast majority of the firm's overall revenue. The majority of patients at the firm's acute hospitals and medical care centers are treated on an outpatient basis. Rhoen Klinikum generates the entirety of its revenue in Germany, with the Bavaria and Hesse regions contributing the largest proportions of revenue.