Alibaba Health Information Technology (Alibaba Health Information Technology) Cash, Cash Equivalents, Marketable Securities : $1,659 Mil (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Alibaba Health Information Technology Cash, Cash Equivalents, Marketable Securities?

Alibaba Health Information Technology's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($1,603.40 Mil) to Mar. 2023 ($1,584.29 Mil) but then increased from Mar. 2023 ($1,584.29 Mil) to Sep. 2023 ($1,658.81 Mil).

Alibaba Health Information Technology's annual cash, cash equivalents, marketable securities declined from Mar. 2021 ($1,787.28 Mil) to Mar. 2022 ($1,662.49 Mil) and declined from Mar. 2022 ($1,662.49 Mil) to Mar. 2023 ($1,584.29 Mil).

Alibaba Health Information Technology Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Alibaba Health Information Technology's Cash, Cash Equivalents, Marketable Securities 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.

Alibaba Health Information Technology Cash, Cash Equivalents, Marketable Securities Chart

Alibaba Health Information Technology Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

300.52

426.96

1,787.28

1,662.49

1,584.29

Alibaba Health Information Technology Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1,747.62	1,662.49	1,603.40	1,584.29	1,658.81

Alibaba Health Information Technology Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Alibaba Health Information Technology (OTCPK:ALBBY) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Alibaba Health Information Technology Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Alibaba Health Information Technology's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Alibaba Health Information Technology (Alibaba Health Information Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Alibaba Health Information Technology Ltd (OTCPK:ALBBY) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

ALBHF:USA 00241:Hong Kong TWY:Germany

Address

Guanghua Road, 65/F, CITIC Tower, Building 1, No.10, Jianwai Subdistrict, Chaoyang District, Beijing, CHN

Website

https://www.alihealth.cn

Alibaba Health is of one of China's leading e-commerce platform specializing in healthcare-related products, including prescription drugs, OTC drugs, traditional Chinese medicine, health foods, and so on. The company operates both a third-party B2C service, or 3P, and its own direct-to-consumer business, or 1P, with its own inventory, which can both be accessed by Alibaba's Tmall app and Alipay. The company also provides online consultation services in a separate app called Yilu or "Dr. Deer", although its e-commerce businesses remain its core competency in the long-term. E-commerce accounted for 97% of revenue in fiscal year 2022. We estimate that AliHealth holds about 45% of market share in the industry in terms of GMV. AliHealth is 63.74% owned by its parent company, Alibaba Group.

Alibaba Health Information Technology (Alibaba Health Information Technology) Headlines

No Headlines