Smart Employee Benefits (TSXV:SEB) Cash And Cash Equivalents : C$0.18 Mil (As of Aug. 2022)

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What is Smart Employee Benefits Cash And Cash Equivalents?

Smart Employee Benefits's quarterly cash and cash equivalents increased from Feb. 2022 (C$0.14 Mil) to May. 2022 (C$0.36 Mil) but then stayed the same from May. 2022 (C$0.36 Mil) to Aug. 2022 (C$0.18 Mil).

Smart Employee Benefits's annual cash and cash equivalents declined from Nov. 2019 (C$0.52 Mil) to Nov. 2020 (C$0.40 Mil) but then increased from Nov. 2020 (C$0.40 Mil) to Nov. 2021 (C$0.52 Mil).

Smart Employee Benefits Cash And Cash Equivalents Historical Data

The historical data trend for Smart Employee Benefits'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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Smart Employee Benefits Cash And Cash Equivalents Chart

Smart Employee Benefits Annual Data

Trend

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Cash And Cash Equivalents

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2.74

0.75

0.52

0.40

0.52

Smart Employee Benefits Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.31	0.52	0.14	0.36	0.18

Smart Employee Benefits 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.

Smart Employee Benefits (TSXV:SEB) 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.

Smart Employee Benefits Cash And Cash Equivalents Related Terms

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Smart Employee Benefits (TSXV:SEB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Employee Benefits Inc (TSXV:SEB) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

N/A

Address

5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7

Website

https://www.seb-inc.com

Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.