Resource Capital Gold (Resource Capital Gold) Cash And Cash Equivalents : $0.00 Mil (As of Sep. 2018)

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What is Resource Capital Gold Cash And Cash Equivalents?

Resource Capital Gold's quarterly cash and cash equivalents declined from Mar. 2018 ($0.18 Mil) to Jun. 2018 ($0.03 Mil) but then stayed the same from Jun. 2018 ($0.03 Mil) to Sep. 2018 ($0.00 Mil).

Resource Capital Gold's annual cash and cash equivalents increased from Jun. 2016 ($0.01 Mil) to Jun. 2017 ($0.19 Mil) but then declined from Jun. 2017 ($0.19 Mil) to Jun. 2018 ($0.03 Mil).

Resource Capital Gold Cash And Cash Equivalents Historical Data

The historical data trend for Resource Capital Gold'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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Resource Capital Gold Cash And Cash Equivalents Chart

Resource Capital Gold Annual Data

Trend

Apr09

Apr10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Cash And Cash Equivalents

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0.01

0.19

0.03

Resource Capital Gold Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.17	-	0.18	0.03	-

Resource Capital Gold 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.

Resource Capital Gold (OTCPK:GDPEF) 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.

Resource Capital Gold Cash And Cash Equivalents Related Terms

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Resource Capital Gold (Resource Capital Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resource Capital Gold Corp (OTCPK:GDPEF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6

Website

http://www.rcgcorp.ca

Resource Capital Gold Corp is a precious-metals developer and producer. The company has the pipeline of late-stage exploration, development and producing gold-silver assets in North America. The company is currently focusing on Dufferin Gold Mine and mill in Nova Scotia. It is also advancing the Corcoran Canyon, Tangier and Forest Hill gold-silver projects. Its mineral operations are located in Canada and the United States of America.

Resource Capital Gold (Resource Capital Gold) Headlines

From GuruFocus

Resource Capital Gold: Board of Director Resignation

By GlobeNewswire GlobeNewswire • 11-03-2018

Resource Capital Gold Corp Announces Filing For Stay Of Proceedings On Creditors

By GlobeNewswire GlobeNewswire • 01-30-2019

Resource Capital Gold Closes Second Tranche of Non-Brokered Financing

By GlobeNewswire GlobeNewswire • 03-16-2018