Dinero Ventures (TSXV:DNO) Cash And Cash Equivalents : C$0.23 Mil (As of Feb. 2024)

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What is Dinero Ventures Cash And Cash Equivalents?

Dinero Ventures's quarterly cash and cash equivalents increased from Aug. 2023 (C$0.25 Mil) to Nov. 2023 (C$0.35 Mil) but then stayed the same from Nov. 2023 (C$0.35 Mil) to Feb. 2024 (C$0.23 Mil).

Dinero Ventures's annual cash and cash equivalents increased from Nov. 2021 (C$0.27 Mil) to Nov. 2022 (C$0.44 Mil) but then declined from Nov. 2022 (C$0.44 Mil) to Nov. 2023 (C$0.35 Mil).

Dinero Ventures Cash And Cash Equivalents Historical Data

The historical data trend for Dinero Ventures'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.

Dinero Ventures Cash And Cash Equivalents Chart

Dinero Ventures Annual Data

Trend

Nov21

Nov22

Nov23

Cash And Cash Equivalents

0.27

0.44

0.35

Dinero Ventures Quarterly Data
	May21	Aug21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.38	0.32	0.25	0.35	0.23

Dinero Ventures 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.

Dinero Ventures (TSXV:DNO) 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.

Dinero Ventures Cash And Cash Equivalents Related Terms

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Dinero Ventures (TSXV:DNO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dinero Ventures Ltd (TSXV:DNO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0

Website

Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

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