Mobile-health Network Solutions (Mobile-health Network Solutions) Cash, Cash Equivalents, Marketable Securities : $2.55 Mil (As of Dec. 2023)

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What is Mobile-health Network Solutions Cash, Cash Equivalents, Marketable Securities?

Mobile-health Network Solutions's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 ($9.79 Mil) to Jun. 2023 ($2.23 Mil) but then increased from Jun. 2023 ($2.23 Mil) to Dec. 2023 ($2.55 Mil).

Mobile-health Network Solutions's annual cash, cash equivalents, marketable securities increased from Jun. 2021 ($0.16 Mil) to Jun. 2022 ($10.24 Mil) but then declined from Jun. 2022 ($10.24 Mil) to Jun. 2023 ($2.23 Mil).

Mobile-health Network Solutions Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mobile-health Network Solutions'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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Mobile-health Network Solutions Cash, Cash Equivalents, Marketable Securities Chart

Mobile-health Network Solutions Annual Data

Trend

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

0.16

10.24

2.23

Mobile-health Network Solutions Quarterly Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	10.24	9.79	2.23	2.55

Mobile-health Network Solutions 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.

Mobile-health Network Solutions (NAS:MNDR) 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.

Mobile-health Network Solutions Cash, Cash Equivalents, Marketable Securities Related Terms

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Mobile-health Network Solutions (Mobile-health Network Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mobile-health Network Solutions (NAS:MNDR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Venture Drive, No.07-06/07, Vision Exchange, Singapore, SGP, 608526

Website

Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. They provide their services on its MaNaDr platform, which is accessible via their mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users. The company's revenues are derived mainly from the provision of telemedicine and other services, sale of medicine and medical devices.

Mobile-health Network Solutions (Mobile-health Network Solutions) Headlines

From GuruFocus

Mobile-health Network Solutions Announces Closing of Initial Public Offering

By Marketwired • 04-13-2024