Happy Creek Minerals (Happy Creek Minerals) Cash And Cash Equivalents : $0.04 Mil (As of Oct. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Happy Creek Minerals Cash And Cash Equivalents?

Happy Creek Minerals's quarterly cash and cash equivalents increased from Apr. 2023 ($0.02 Mil) to Jul. 2023 ($0.04 Mil) but then stayed the same from Jul. 2023 ($0.04 Mil) to Oct. 2023 ($0.04 Mil).

Happy Creek Minerals's annual cash and cash equivalents declined from Jan. 2021 ($1.27 Mil) to Jan. 2022 ($0.22 Mil) and declined from Jan. 2022 ($0.22 Mil) to Jan. 2023 ($0.03 Mil).

Happy Creek Minerals Cash And Cash Equivalents Historical Data

The historical data trend for Happy Creek 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.

* Premium members only.

Happy Creek Minerals Cash And Cash Equivalents Chart

Happy Creek Minerals Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.42

0.95

1.27

0.22

0.03

Happy Creek Minerals Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.01	0.03	0.02	0.04	0.04

Happy Creek 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.

Happy Creek Minerals (OTCPK:HPYCF) 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.

Happy Creek Minerals Cash And Cash Equivalents Related Terms

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

Happy Creek Minerals (Happy Creek Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Happy Creek Minerals Ltd (OTCPK:HPYCF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HPY:Canada

Address

789 West Pender Street, Suite 460, Vancouver, BC, CAN, V6C 1H2

Website

https://www.happycreekminerals.com

Happy Creek Minerals Ltd is a mineral exploration company engaged in the exploration and development of its mineral properties. Its projects include Rateria and West Valley Property, Abbott Lake Property and Tyner Lake Property. The company has a diversified metal exploration portfolio in a safe geopolitical jurisdiction and completed much of the early-stage exploration on its properties to resolve quality opportunities.

Happy Creek Minerals (Happy Creek Minerals) Headlines

No Headlines