Fabled Silver Gold (TSXV:FCO.H) Cash And Cash Equivalents : C$0.04 Mil (As of Sep. 2023)

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What is Fabled Silver Gold Cash And Cash Equivalents?

Fabled Silver Gold's quarterly cash and cash equivalents increased from Mar. 2023 (C$0.04 Mil) to Jun. 2023 (C$0.04 Mil) and increased from Jun. 2023 (C$0.04 Mil) to Sep. 2023 (C$0.04 Mil).

Fabled Silver Gold's annual cash and cash equivalents declined from Dec. 2020 (C$1.80 Mil) to Dec. 2021 (C$0.90 Mil) and declined from Dec. 2021 (C$0.90 Mil) to Dec. 2022 (C$0.10 Mil).

Fabled Silver Gold Cash And Cash Equivalents Historical Data

The historical data trend for Fabled Silver 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.

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Fabled Silver Gold Cash And Cash Equivalents Chart

Fabled Silver Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Sep18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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1.26

0.12

1.80

0.90

0.10

Fabled Silver Gold Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.29	0.10	0.04	0.04	0.04

Fabled Silver 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.

Fabled Silver Gold (TSXV:FCO.H) 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.

Fabled Silver Gold Cash And Cash Equivalents Related Terms

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Fabled Silver Gold (TSXV:FCO.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Silver Gold Corp (TSXV:FCO.H) » Definitions » Cash And Cash Equivalents

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FBSGF:USA

Address

1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6

Website

https://www.fabledsilvergoldcorp.com

Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. The Company operates in one single reportable segment, which is the acquisition and exploration of mineral resource properties.

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