Regis Resources (Regis Resources) Cash And Cash Equivalents : $37.2 Mil (As of Dec. 2023)

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What is Regis Resources Cash And Cash Equivalents?

Regis Resources's quarterly cash and cash equivalents increased from Dec. 2022 ($71.86 Mil) to Jun. 2023 ($137.51 Mil) but then stayed the same from Jun. 2023 ($137.51 Mil) to Dec. 2023 ($37.17 Mil).

Regis Resources's annual cash and cash equivalents declined from Jun. 2021 ($185.50 Mil) to Jun. 2022 ($145.72 Mil) and declined from Jun. 2022 ($145.72 Mil) to Jun. 2023 ($137.51 Mil).

Regis Resources Cash And Cash Equivalents Historical Data

The historical data trend for Regis 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.

Regis Resources Cash And Cash Equivalents Chart

Regis Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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131.04

132.80

185.50

145.72

137.51

Regis Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															117.61	145.72	71.86	137.51	37.17

Regis 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.

Regis Resources (OTCPK:RGRNF) 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.

Regis Resources Cash And Cash Equivalents Related Terms

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Regis Resources (Regis Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regis Resources Ltd (OTCPK:RGRNF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

RKQ:Germany RRL:Australia

Address

516 Hay Street, Level 2, Subiaco, Perth, WA, AUS, 6008

Website

https://www.regisresources.com.au

Regis Resources Ltd is one of Australia's largest gold companies, producing around 437,309 ounces of gold per year. Cash costs are below the industry average. Operating mines are located in Western Australia, which brings relatively low sovereign risk. Management has a sound operating track record and an appropriate bias towards strong balance sheets and dividends; however, the gold price and new investments will be the primary arbiters of long-term returns. Development of the McPhillamys deposit in New South Wales, if approved, should add approximately two hundred thousand ounces of gold production a year in the medium term. The Company has three reportable segments which comprise the Duketon North Operations, and Duketon South Operations, Tropicana Gold Project.