Sage Potash (Sage Potash) Cash And Cash Equivalents : $0.15 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Sage Potash Cash And Cash Equivalents?

Sage Potash's quarterly cash and cash equivalents increased from Jun. 2023 ($0.32 Mil) to Sep. 2023 ($0.34 Mil) but then stayed the same from Sep. 2023 ($0.34 Mil) to Dec. 2023 ($0.15 Mil).

Sage Potash Cash And Cash Equivalents Historical Data

The historical data trend for Sage Potash'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.

Sage Potash Cash And Cash Equivalents Chart

Sage Potash Annual Data

Trend

Cash And Cash Equivalents

Sage Potash Quarterly Data
	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	-	0.32	0.34	0.15

Sage Potash 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.

Sage Potash (OTCPK:SGPTF) 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.

Sage Potash Cash And Cash Equivalents Related Terms

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

Sage Potash (Sage Potash) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sage Potash Corp (OTCPK:SGPTF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SAGE:Canada

Address

889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2

Website

https://www.sagepotash.com

Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.

Sage Potash (Sage Potash) Headlines

From GuruFocus

Sage Potash Grants Stock Options

By PRNewswire • 06-07-2024