GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Cariboo Resources Ltd (FRA:3TZ) » Definitions » Cash And Cash Equivalents

Golden Cariboo Resources (FRA:3TZ) Cash And Cash Equivalents : €0.94 Mil (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Golden Cariboo Resources Cash And Cash Equivalents?

Golden Cariboo Resources's quarterly cash and cash equivalents stayed the same from Sep. 2023 (€0.00 Mil) to Dec. 2023 (€0.00 Mil) but then increased from Dec. 2023 (€0.00 Mil) to Mar. 2024 (€0.94 Mil).

Golden Cariboo Resources's annual cash and cash equivalents declined from Sep. 2021 (€0.04 Mil) to Sep. 2022 (€0.01 Mil) and declined from Sep. 2022 (€0.01 Mil) to Sep. 2023 (€0.00 Mil).


Golden Cariboo Resources Cash And Cash Equivalents Historical Data

The historical data trend for Golden Cariboo Resources'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.

Golden Cariboo Resources Cash And Cash Equivalents Chart

Golden Cariboo Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.19 0.04 0.01 -

Golden Cariboo Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 - - - 0.94

Golden Cariboo Resources 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.


Golden Cariboo Resources  (FRA:3TZ) 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.


Golden Cariboo Resources Cash And Cash Equivalents Related Terms

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


Golden Cariboo Resources Business Description

Traded in Other Exchanges
Address
804-750 West Pender Street, Vancouver, BC, CAN, V6C 2T7
Golden Cariboo Resources Ltd is an exploration stage Junior mining company that is engaged in the identification, acquisition, and exploration of mineral properties. Its project includes Quesnelle Gold Quartz Mine Property.

Golden Cariboo Resources Headlines

No Headlines