Wellness Center USA (Wellness Center USA) Cash And Cash Equivalents : $0.04 Mil (As of Jun. 2022)

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What is Wellness Center USA Cash And Cash Equivalents?

Wellness Center USA's quarterly cash and cash equivalents increased from Dec. 2021 ($0.02 Mil) to Mar. 2022 ($0.06 Mil) but then stayed the same from Mar. 2022 ($0.06 Mil) to Jun. 2022 ($0.04 Mil).

Wellness Center USA's annual cash and cash equivalents declined from Sep. 2019 ($0.05 Mil) to Sep. 2020 ($0.05 Mil) and declined from Sep. 2020 ($0.05 Mil) to Sep. 2021 ($0.03 Mil).

Wellness Center USA Cash And Cash Equivalents Historical Data

The historical data trend for Wellness Center USA'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.

* Premium members only.

Wellness Center USA Cash And Cash Equivalents Chart

Wellness Center USA Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Cash And Cash Equivalents

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0.03

0.05

0.03

Wellness Center USA Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.04	0.03	0.02	0.06	0.04

Wellness Center USA 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.

Wellness Center USA (OTCPK:WCUI) 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.

Wellness Center USA Cash And Cash Equivalents Related Terms

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Wellness Center USA (Wellness Center USA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Wellness Center USA Inc (OTCPK:WCUI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

145 E. University Boulevard, Tucson, AZ, USA, 85705

Website

https://wellnesscenterusa.com

Wellness Center USA Inc is a US-based company which is primarily engaged in online sports and nutrition supplements marketing and distribution. The company operates through two segments namely Distribution of targeted ultraviolet (UV) phototherapy devices for dermatology and sanitation purposes and Authentication and encryption products and services. It mainly designs, develops, and markets a targeted ultraviolet phototherapy device; provides diagnostic, surgical, treatment, research and setting standards and protocols; and provides clients premiere authentication technology for the protection of a variety of products and brands from illicit counterfeiting and diversion activities.

Executives

Calvin R O'harrow Ttee U/a Dtd 2/12/2009 O'harrow Living Trust	other: Over 5% Owner	870 MANDALAY TER, DE PERE WI 54115
Calvin R O'harrow Roth Ira	other: Over 5% Owner	870 MANDALAY TER, DE PERE WI 54115
Andrew J Kandalepas	director, officer: CEO/President	C/O GEOVAX LABS, INC., 1256 BRIARCLIFF ROAD, ATLANTA 2Q 30306
Jay Joshi	director, 10 percent owner, officer: Chief Medical Officer	21720 W. LONG GROVE RD, STE C200, DEER PARK IL 60010
Peter M Tsolinas	10 percent owner	123 JOAN DRIVE, BARRINGTON IL 60010