Satellos Bioscience (TSX:MSCL) Cash, Cash Equivalents, Marketable Securities : C$33.17 Mil (As of Mar. 2024)

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What is Satellos Bioscience Cash, Cash Equivalents, Marketable Securities?

Satellos Bioscience's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (C$44.26 Mil) to Dec. 2023 (C$39.59 Mil) but then stayed the same from Dec. 2023 (C$39.59 Mil) to Mar. 2024 (C$33.17 Mil).

Satellos Bioscience's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$4.87 Mil) to Dec. 2022 (C$1.92 Mil) but then increased from Dec. 2022 (C$1.92 Mil) to Dec. 2023 (C$39.59 Mil).

Satellos Bioscience Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Satellos Bioscience'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.

Satellos Bioscience Cash, Cash Equivalents, Marketable Securities Chart

Satellos Bioscience Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.72

4.87

1.92

39.59

Satellos Bioscience Quarterly Data
	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial										2.98	48.73	44.26	39.59	33.17

Satellos Bioscience 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.

Satellos Bioscience (TSX:MSCL) 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.

Satellos Bioscience Cash, Cash Equivalents, Marketable Securities Related Terms

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Satellos Bioscience (TSX:MSCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Satellos Bioscience Inc (TSX:MSCL) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

MSCLF:USA 0IT:Germany

Address

65 Front Street East, Suite 201, Toronto, ON, CAN, M5E 1B5

Website

https://www.satellos.com

Satellos Bioscience Inc is a regenerative medicine company dedicated to developing novel therapeutics that stimulate or restore muscle regeneration in severe disorders. Its lead program is focused on developing an oral therapeutic drug for Duchenne muscular dystrophy that serves to correct this dysregulation which Satellos has identified as a root cause of the progressive nature of this disease.

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