St-Georges Eco-Mining (STU:85G1) Cash And Cash Equivalents : €1.10 Mil (As of Dec. 2023)

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What is St-Georges Eco-Mining Cash And Cash Equivalents?

St-Georges Eco-Mining's quarterly cash and cash equivalents declined from Mar. 2023 (€1.04 Mil) to Sep. 2023 (€0.06 Mil) but then increased from Sep. 2023 (€0.06 Mil) to Dec. 2023 (€1.10 Mil).

St-Georges Eco-Mining's annual cash and cash equivalents declined from Dec. 2021 (€3.86 Mil) to Mar. 2022 (€2.72 Mil) and declined from Mar. 2022 (€2.72 Mil) to Mar. 2023 (€1.04 Mil).

St-Georges Eco-Mining Cash And Cash Equivalents Historical Data

The historical data trend for St-Georges Eco-Mining'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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St-Georges Eco-Mining Cash And Cash Equivalents Chart

St-Georges Eco-Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Cash And Cash Equivalents

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0.26

0.21

3.86

2.72

1.04

St-Georges Eco-Mining Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															1.10	2.48	1.04	0.06	1.10

St-Georges Eco-Mining 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.

St-Georges Eco-Mining (STU:85G1) 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.

St-Georges Eco-Mining Cash And Cash Equivalents Related Terms

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St-Georges Eco-Mining (STU:85G1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » St-Georges Eco-Mining Corp (STU:85G1) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

SXOOF:USA 85G1:Germany SX:Canada

Address

1000 Sherbrooke Street West, Suite 2700, Montreal, QC, CAN, H3A3G4

Website

https://www.st-georgescorp.com

St-Georges Eco-Mining Corp develops new technologies to solve some of the most common environmental problems in the mining sector, including maximizing metal recovery results throughout the value chain. The company has an integrated urban mining strategy which includes full-circle battery recycling and green hydrogen production. It also has verticals in critical mineral exploration in Quebec and Iceland. Its segment includes the acquisition and exploration of mining properties.

St-Georges Eco-Mining (STU:85G1) Headlines

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