Metals Acquisition (Metals Acquisition) Cash, Cash Equivalents, Marketable Securities : $0.0 Mil (As of Mar. 2023)

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What is Metals Acquisition Cash, Cash Equivalents, Marketable Securities?

Metals Acquisition's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($0.24 Mil) to Dec. 2022 ($0.04 Mil) but then stayed the same from Dec. 2022 ($0.04 Mil) to Mar. 2023 ($0.04 Mil).

Metals Acquisition's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($0.96 Mil) to Dec. 2022 ($0.04 Mil) but then increased from Dec. 2022 ($0.04 Mil) to Dec. 2023 ($2.37 Mil).

Metals Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Metals Acquisition'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.

Metals Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.96

0.04

2.37

Metals Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					0.69	0.24	0.04	0.04	2.37

Metals Acquisition 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.

Metals Acquisition (NYSE:MTAL) 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.

Metals Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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Metals Acquisition (Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Metals Acquisition Ltd (NYSE:MTAL) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

MAC:Australia

Address

44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG

Website

https://www.metalsacquisition.com

Metals Acquisition Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the economy. It works in a single segment: the mining and production of copper and silver from the CSA Mine.

Executives

Patrice E Merrin	director	92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen	director, officer: Chief Executive Officer	P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc	10 percent owner	425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power	director	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic	officer: Chief Development Officer	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse	officer: Chief Financial Officer	425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102