Pan American Energy (Pan American Energy) Cash And Cash Equivalents : $2.97 Mil (As of Dec. 2023)

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What is Pan American Energy Cash And Cash Equivalents?

Pan American Energy's quarterly cash and cash equivalents declined from Jun. 2023 ($2.17 Mil) to Sep. 2023 ($1.81 Mil) but then increased from Sep. 2023 ($1.81 Mil) to Dec. 2023 ($2.97 Mil).

Pan American Energy's annual cash and cash equivalents increased from Apr. 2021 ($0.04 Mil) to Mar. 2022 ($1.04 Mil) and increased from Mar. 2022 ($1.04 Mil) to Mar. 2023 ($3.42 Mil).

Pan American Energy Cash And Cash Equivalents Historical Data

The historical data trend for Pan American Energy'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.

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Pan American Energy Cash And Cash Equivalents Chart

Pan American Energy Annual Data

Trend

Apr07

Apr08

Apr09

Apr10

Apr11

Apr12

Apr13

Apr21

Mar22

Mar23

Cash And Cash Equivalents

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0.01

0.02

0.04

1.04

3.42

Pan American Energy Quarterly Data
	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Apr21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.63	3.42	2.17	1.81	2.97

Pan American Energy 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.

Pan American Energy (OTCPK:PAANF) 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.

Pan American Energy Cash And Cash Equivalents Related Terms

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Pan American Energy (Pan American Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pan American Energy Corp (OTCPK:PAANF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

SS60:Germany

Address

521 3rd Avenue SW, Suite 100, Calgary, AB, CAN, T2P 3T3

Website

https://www.panam-energy.com

Pan American Energy Corp is a North American mining exploration company engaged in the business of expanding the boundaries of the lithium supply chain through the acquisition, exploration and development of mineral properties. The company has a diversified asset base in Canada and the USA including hard rock lithium (Ontario) and claystone lithium (Nevada).