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MDXHF (Medx Health) Cash, Cash Equivalents, Marketable Securities : $0.11 Mil (As of Dec. 2024)


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What is Medx Health Cash, Cash Equivalents, Marketable Securities?

Medx Health's quarterly cash, cash equivalents, marketable securities declined from Jun. 2024 ($0.12 Mil) to Sep. 2024 ($0.11 Mil) but then stayed the same from Sep. 2024 ($0.11 Mil) to Dec. 2024 ($0.11 Mil).

Medx Health's annual cash, cash equivalents, marketable securities declined from Dec. 2022 ($0.11 Mil) to Dec. 2023 ($0.10 Mil) but then increased from Dec. 2023 ($0.10 Mil) to Dec. 2024 ($0.11 Mil).

Medx Health Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Medx Health'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.

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Medx Health Cash, Cash Equivalents, Marketable Securities Chart

Medx Health Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash, Cash Equivalents, Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.08 0.11 0.10 0.11

Medx Health Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.07 0.12 0.11 0.11

Medx Health 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.

Medx Health  (OTCPK:MDXHF) 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.

Medx Health Cash, Cash Equivalents, Marketable Securities Related Terms

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Medx Health Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medx Health Corp (OTCPK:MDXHF) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
MDX:Canada
Address
1495 Bonhill Road, Unit 1, Mississauga, ON, CAN, L5T 1M2
Website
https://www.medxhealth.com
Medx Health Corp is engaged in the development, manufacturing, and marketing of skin-related screening tools and phototherapy devices for pain relief and tissue repair. Its two main product lines are; SIAscopy, a medical device technology that is used to scan skin for suspicious moles and lesions; and Phototherapeutic medical devices, which use light energy in lower-level laser and LED to provide effective treatment of pain and tissue damage in the rehabilitation market. It derives key revenue from the sale of Phototherapeutic lasers. The company sells its products internationally, of which prime revenue is generated in Canada and the United States.