Dentalcorp Holdings (TSX:DNTL) Cash, Cash Equivalents, Marketable Securities : C$39 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Dentalcorp Holdings Cash, Cash Equivalents, Marketable Securities?

Dentalcorp Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 (C$104.40 Mil) to Sep. 2023 (C$102.50 Mil) but then stayed the same from Sep. 2023 (C$102.50 Mil) to Dec. 2023 (C$39.00 Mil).

Dentalcorp Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$141.80 Mil) to Dec. 2022 (C$110.50 Mil) and declined from Dec. 2022 (C$110.50 Mil) to Dec. 2023 (C$39.00 Mil).

Dentalcorp Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Dentalcorp Holdings'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.

Dentalcorp Holdings Cash, Cash Equivalents, Marketable Securities Chart

Dentalcorp Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

85.42

101.50

141.80

110.50

39.00

Dentalcorp Holdings Quarterly Data
	Apr18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial													110.50	110.90	104.40	102.50	39.00

Dentalcorp Holdings 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.

Dentalcorp Holdings (TSX:DNTL) 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.

Dentalcorp Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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

Dentalcorp Holdings (TSX:DNTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Dentalcorp Holdings Ltd (TSX:DNTL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

DNTCF:USA

Address

181 Bay Street, Suite 2600, Toronto, ON, CAN, M5J 2T3

Website

https://www.dentalcorp.ca

Dentalcorp Holdings Ltd is engaged in acquiring dental practices and providing health care services in Canada. It recognizes revenue for the provision of dental services that are rendered to patients by Partner dentists and dental practitioners contracted by the Professional Corporations and health care services rendered by employees or contractors of the company.

Dentalcorp Holdings (TSX:DNTL) Headlines

No Headlines