Orex Minerals (FRA:ORS0) Cash And Cash Equivalents : €0.06 Mil (As of Jan. 2024)

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What is Orex Minerals Cash And Cash Equivalents?

Orex Minerals's quarterly cash and cash equivalents declined from Jul. 2023 (€0.40 Mil) to Oct. 2023 (€0.13 Mil) but then stayed the same from Oct. 2023 (€0.13 Mil) to Jan. 2024 (€0.06 Mil).

Orex Minerals's annual cash and cash equivalents declined from Apr. 2021 (€3.77 Mil) to Apr. 2022 (€2.42 Mil) and declined from Apr. 2022 (€2.42 Mil) to Apr. 2023 (€0.76 Mil).

Orex Minerals Cash And Cash Equivalents Historical Data

The historical data trend for Orex Minerals'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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Orex Minerals Cash And Cash Equivalents Chart

Orex Minerals Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

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0.67

0.16

3.77

2.42

0.76

Orex Minerals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.10	0.76	0.40	0.13	0.06

Orex Minerals 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.

Orex Minerals (FRA:ORS0) 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.

Orex Minerals Cash And Cash Equivalents Related Terms

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Orex Minerals (FRA:ORS0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Orex Minerals Inc (FRA:ORS0) » Definitions » Cash And Cash Equivalents

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ORMNF:USA REX:Canada

Address

1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9

Website

https://www.orexminerals.com

Orex Minerals Inc is a Canadian-based mineral exploration company. It has a portfolio of gold, silver, and copper exploration projects on renowned mineral trends in Mexico and Canada. The company manages projects like Coneto, Sandra, and Jumping Josephine. It is in the process of exploring and evaluating its resource properties and has not yet determined whether any of its properties contain economically recoverable ore reserves.

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