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Star Gold (Star Gold) Cash And Cash Equivalents : $0.01 Mil (As of Jan. 2024)


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What is Star Gold Cash And Cash Equivalents?

Star Gold's quarterly cash and cash equivalents increased from Jul. 2023 ($0.02 Mil) to Oct. 2023 ($0.07 Mil) but then stayed the same from Oct. 2023 ($0.07 Mil) to Jan. 2024 ($0.01 Mil).

Star Gold's annual cash and cash equivalents declined from Apr. 2021 ($0.27 Mil) to Apr. 2022 ($0.05 Mil) and declined from Apr. 2022 ($0.05 Mil) to Apr. 2023 ($0.03 Mil).

Star Gold Cash And Cash Equivalents Historical Data

The historical data trend for Star 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.

* Premium members only.

Star Gold Cash And Cash Equivalents Chart

Star Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.03 0.27 0.05 0.03

Star Gold 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.03 0.02 0.07 0.01

Star 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.

Star Gold  (OTCPK:SRGZ) 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.

Star Gold Cash And Cash Equivalents Related Terms

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Star Gold (Star Gold) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Star Gold Corp (OTCPK:SRGZ) » Definitions » Cash And Cash Equivalents
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THMG MAGE AMNP CGLD AHNR NMEX SILS AUMN ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP ISX:MBMA LIM:BUENAVC1 JSE:NPH HL TSX:TFPM OICT
Traded in Other Exchanges
N/A
Address
1875 N. Lakeview Drive, Suite 200, Coeur d’Alene, ID, USA, 83814
Website
https://www.stargoldcorp.com
Star Gold Corp is an exploration stage company. The company is engaged in the acquisition and exploration of precious metal deposit properties with the potential for economic deposits of precious and base metals. It includes the Longstreet property located in the state of Nevada.
Executives
Kelly Stopher director, officer: CFO 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Lindsay Edward Gorrill director, 10 percent owner, officer: CEO,, CFO 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
David Segelov director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Thomas Power director 611 E. SHERMAN AVENUE, COEUR D'ALENE ID 83814
Paul B Coombs director 611 E. SHERMAN AVE., COUR D'ALENE ID 83814
Ron Nilson director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
Ian Falconer director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814