Tier One Silver (FRA:TOV0) Cash And Cash Equivalents : €0.35 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Tier One Silver Cash And Cash Equivalents?

Tier One Silver's quarterly cash and cash equivalents increased from Sep. 2023 (€0.39 Mil) to Dec. 2023 (€0.57 Mil) but then stayed the same from Dec. 2023 (€0.57 Mil) to Mar. 2024 (€0.35 Mil).

Tier One Silver's annual cash and cash equivalents declined from Dec. 2021 (€1.79 Mil) to Dec. 2022 (€1.08 Mil) and declined from Dec. 2022 (€1.08 Mil) to Dec. 2023 (€0.57 Mil).

Tier One Silver Cash And Cash Equivalents Historical Data

The historical data trend for Tier One Silver'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.

Tier One Silver Cash And Cash Equivalents Chart

Tier One Silver Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.02

1.75

1.79

1.08

0.57

Tier One Silver Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial													1.08	0.42	0.39	0.57	0.35

Tier One Silver 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.

Tier One Silver (FRA:TOV0) 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.

Tier One Silver Cash And Cash Equivalents Related Terms

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

Tier One Silver (FRA:TOV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tier One Silver Inc (FRA:TOV0) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TSLV:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.tieronesilver.com

Tier One Silver Inc is engaged in the acquisition, exploration, and development of mineral property interests with a focus on Peru. Its project includes Hurricane Silver; Curibaya; Coastal Batholith and Corisur.

Tier One Silver (FRA:TOV0) Headlines

No Headlines