VSEE (VSee Health) Cash And Cash Equivalents : $2.33 Mil (As of Sep. 2024)

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What is VSee Health Cash And Cash Equivalents?

VSee Health's quarterly cash and cash equivalents increased from Mar. 2024 ($0.69 Mil) to Jun. 2024 ($1.11 Mil) and increased from Jun. 2024 ($1.11 Mil) to Sep. 2024 ($2.33 Mil).

VSee Health's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.35 Mil) but then declined from Dec. 2021 ($0.35 Mil) to Dec. 2022 ($0.23 Mil).

VSee Health Cash And Cash Equivalents Historical Data

The historical data trend for VSee Health'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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VSee Health Cash And Cash Equivalents Chart

VSee Health Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.35

0.23

VSee Health Quarterly Data
	Dec21	Dec22	Jun23	Sep23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	-	0.69	1.11	2.33

VSee Health 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.

VSee Health (NAS:VSEE) 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.

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VSee Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » VSee Health Inc (NAS:VSEE) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

3188 Kimlee Drive, Suite 100, San Jose, CA, USA, 95132

Website

https://www.vsee.com

VSee Health Inc is a telehealth software platform. VSee's telemedicine solution, offering a fast, secure text + video collaboration app HIPAA messenger, and fully customizable virtual waiting rooms and clinics, is a complete telehealth platform that fits into any workflow. The VSee proprietary technology platform and modular software solution enable users to plug and play telehealth services with end-to-end encrypted video streaming integrated with patient metrics, electronic medical records, and other sensitive data, with multiple other interactive functionalities. The company's products include VSee Clinic, VSee Messenger, VSee APIs, VSee Remote patient monitoring, VSee Telehealth Staffing.