American Rare Earths (NZSE:BPL) Cash And Cash Equivalents : NZ$6.77 Mil (As of Dec. 2023)

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

What is American Rare Earths Cash And Cash Equivalents?

American Rare Earths's quarterly cash and cash equivalents declined from Dec. 2022 (NZ$16.51 Mil) to Jun. 2023 (NZ$13.66 Mil) but then stayed the same from Jun. 2023 (NZ$13.66 Mil) to Dec. 2023 (NZ$6.77 Mil).

American Rare Earths's annual cash and cash equivalents increased from Jun. 2021 (NZ$3.98 Mil) to Jun. 2022 (NZ$7.01 Mil) and increased from Jun. 2022 (NZ$7.01 Mil) to Jun. 2023 (NZ$13.66 Mil).

American Rare Earths Cash And Cash Equivalents Historical Data

The historical data trend for American Rare Earths's Cash And Cash Equivalents 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.

American Rare Earths Cash And Cash Equivalents Chart

American Rare Earths Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.52

1.54

3.98

7.01

13.66

American Rare Earths Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															8.61	7.01	16.51	13.66	6.77

American Rare Earths Cash And Cash Equivalents 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.

American Rare Earths (NZSE:BPL) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

American Rare Earths Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of American Rare Earths's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

American Rare Earths (NZSE:BPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American Rare Earths Ltd (NZSE:BPL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

AMRRY:USA ARRNF:USA ARR:Australia

Address

Level 7, 89 York Street, Suite 706, Sydney, NSW, AUS, 2000

Website

https://www.americanrareearths.com.au

American Rare Earths Ltd is a mining and exploration company. It is focused on the discovery and development of strategic mineral resources. The projects of the company include exploration in the Murray Basin region, Broken Hill region, La Paz Rare Earth project, and the Thackaringa Cobalt Project.

American Rare Earths (NZSE:BPL) Headlines

No Headlines