Apex Critical Metals (XCNQ:APXC) Cash And Cash Equivalents : C$0.45 Mil (As of Jan. 2024)

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

What is Apex Critical Metals Cash And Cash Equivalents?

Apex Critical Metals's quarterly cash and cash equivalents declined from Jul. 2023 (C$0.27 Mil) to Oct. 2023 (C$0.09 Mil) but then increased from Oct. 2023 (C$0.09 Mil) to Jan. 2024 (C$0.45 Mil).

Apex Critical Metals's annual cash and cash equivalents stayed the same from . 20 (C$0.00 Mil) to . 20 (C$0.00 Mil) but then increased from . 20 (C$0.00 Mil) to Jul. 2022 (C$0.49 Mil).

Apex Critical Metals Cash And Cash Equivalents Historical Data

The historical data trend for Apex Critical Metals'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.

Apex Critical Metals Cash And Cash Equivalents Chart

Apex Critical Metals Annual Data

Trend

Jul22

Cash And Cash Equivalents

0.49

Apex Critical Metals Quarterly Data
	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.46	0.32	0.27	0.09	0.45

Apex Critical Metals 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.

Apex Critical Metals (XCNQ:APXC) 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.

Apex Critical Metals Cash And Cash Equivalents Related Terms

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

Apex Critical Metals (XCNQ:APXC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Apex Critical Metals Corp (XCNQ:APXC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

https://www.eaglebayresources.com

Eagle Bay Resources Corp is in the business of acquiring, exploring, developing and evaluating mineral resource properties. The Company is in the exploration stage and has interests in properties located in British Columbia, Canada.

Apex Critical Metals (XCNQ:APXC) Headlines

No Headlines