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Cerro De Pasco Resources (STU:N8HP) Cash And Cash Equivalents : €0.16 Mil (As of Jun. 2024)


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What is Cerro De Pasco Resources Cash And Cash Equivalents?

Cerro De Pasco Resources's quarterly cash and cash equivalents declined from Jun. 2023 (€1.44 Mil) to Sep. 2023 (€0.50 Mil) but then stayed the same from Sep. 2023 (€0.50 Mil) to Jun. 2024 (€0.16 Mil).

Cerro De Pasco Resources's annual cash and cash equivalents increased from Dec. 2020 (€0.58 Mil) to Dec. 2021 (€8.83 Mil) but then declined from Dec. 2021 (€8.83 Mil) to Dec. 2022 (€0.94 Mil).


Cerro De Pasco Resources Cash And Cash Equivalents Historical Data

The historical data trend for Cerro De Pasco 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.

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Cerro De Pasco Resources Cash And Cash Equivalents Chart

Cerro De Pasco Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.19 0.58 8.83 0.94

Cerro De Pasco Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24
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 0.94 1.37 1.44 0.50 0.16

Cerro De Pasco 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.


Cerro De Pasco Resources  (STU:N8HP) 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.


Cerro De Pasco Resources Cash And Cash Equivalents Related Terms

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Cerro De Pasco Resources Business Description

Traded in Other Exchanges
Address
22 Lafleur Avenue North, Suite 203, Saint-Sauveur, QC, CAN, J0R 1R0
Cerro De Pasco Resources Inc is a natural resource company engaged in acquiring and exploring mineral properties. It treats and reprocesses all dumps, tailings, mining waste, and material resources in the Cerro de Pasco Region in Peru. Its projects include the Quiulacocha tailings and Excelsior Stockpile. It also produces zinc and lead-silver concentrates from the Santander mine in Peru.

Cerro De Pasco Resources Headlines

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