Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Cash, Cash Equivalents, Marketable Securities : $1.97 Mil (As of May. 2020)

View and export this data going back to 2015. Start your Free Trial

What is Ventura Cannabis and Wellness Cash, Cash Equivalents, Marketable Securities?

Ventura Cannabis and Wellness's quarterly cash, cash equivalents, marketable securities declined from Nov. 2019 ($3.39 Mil) to Feb. 2020 ($2.99 Mil) but then stayed the same from Feb. 2020 ($2.99 Mil) to May. 2020 ($1.97 Mil).

Ventura Cannabis and Wellness's annual cash, cash equivalents, marketable securities declined from Feb. 2018 ($4.46 Mil) to Feb. 2019 ($3.81 Mil) and declined from Feb. 2019 ($3.81 Mil) to Feb. 2020 ($2.99 Mil).

Ventura Cannabis and Wellness Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Ventura Cannabis and Wellness'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.

Ventura Cannabis and Wellness Cash, Cash Equivalents, Marketable Securities Chart

Ventura Cannabis and Wellness Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Nov14

Nov15

Feb17

Feb18

Feb19

Feb20

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

17.95

6.85

4.46

3.81

2.99

Ventura Cannabis and Wellness Quarterly Data
	May15	Aug15	Nov15	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2.65	3.41	3.39	2.99	1.97

Ventura Cannabis and Wellness 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.

Ventura Cannabis and Wellness (OTCPK:CVHIF) 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.

Ventura Cannabis and Wellness Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Ventura Cannabis and Wellness's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ventura Cannabis and Wellness Corp (OTCPK:CVHIF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017

Website

http://www.venturacanna.com

Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.