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Molina Healthcare (STU:MHG) Cash And Cash Equivalents : €4,264 Mil (As of Sep. 2024)


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What is Molina Healthcare Cash And Cash Equivalents?

Molina Healthcare's quarterly cash and cash equivalents declined from Mar. 2024 (€4,151.96 Mil) to Jun. 2024 (€4,044.87 Mil) but then increased from Jun. 2024 (€4,044.87 Mil) to Sep. 2024 (€4,263.53 Mil).

Molina Healthcare's annual cash and cash equivalents declined from Dec. 2021 (€3,927.63 Mil) to Dec. 2022 (€3,781.66 Mil) but then increased from Dec. 2022 (€3,781.66 Mil) to Dec. 2023 (€4,445.62 Mil).


Molina Healthcare Cash And Cash Equivalents Historical Data

The historical data trend for Molina 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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Molina Healthcare Cash And Cash Equivalents Chart

Molina Healthcare Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,206.80 3,414.59 3,927.63 3,781.66 4,445.62

Molina Healthcare 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,214.41 4,445.62 4,151.96 4,044.87 4,263.53

Molina 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.


Molina Healthcare  (STU:MHG) 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.


Molina Healthcare Cash And Cash Equivalents Related Terms

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Molina Healthcare Business Description

Traded in Other Exchanges
Address
200 Oceangate, Suite 100, Long Beach, CA, USA, 90802
Molina Healthcare Inc offers healthcare plans focused on Medicaid-related solutions for low-income families and individuals. Its health plans are operated by a network of subsidiaries, each of which is licensed as a health maintenance organization (HMO). It has four segments: Medicaid, Medicare, Marketplace and Others. The Medicaid, Medicare, and Marketplace segments represent the government-funded or sponsored programs under which it offers managed healthcare services. The Other segment, which is insignificant to its consolidated results of operations, includes long-term services and supports consultative services in Wisconsin. It generates majority revenue from Medicaid segment.

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