Cascadia Minerals (Cascadia Minerals) Cash, Cash Equivalents, Marketable Securities : $0.80 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Cascadia Minerals Cash, Cash Equivalents, Marketable Securities?

Cascadia Minerals's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($2.12 Mil) but then stayed the same from Sep. 2023 ($2.12 Mil) to Dec. 2023 ($0.80 Mil).

Cascadia Minerals's annual cash, cash equivalents, marketable securities stayed the same from . 20 ($0.00 Mil) to Dec. 2022 ($0.00 Mil) but then increased from Dec. 2022 ($0.00 Mil) to Dec. 2023 ($0.80 Mil).

Cascadia Minerals Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Cascadia Minerals's Cash, Cash Equivalents, Marketable Securities 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.

Cascadia Minerals Cash, Cash Equivalents, Marketable Securities Chart

Cascadia Minerals Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.80

Cascadia Minerals Quarterly Data
	Sep22	Dec22	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	-	-	-	2.12	0.80

Cascadia Minerals Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Cascadia Minerals (OTCPK:CAMNF) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Cascadia Minerals Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Cascadia Minerals's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Cascadia Minerals (Cascadia Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cascadia Minerals Ltd (OTCPK:CAMNF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

CAM:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cascadiaminerals.com

Cascadia Minerals Ltd is a new Canadian exploration company focused on exploring for copper and gold in Yukon and British Columbia. The company is planning a maiden drill program at its flagship Catch Property this summer, targeting high-grade copper and gold mineralization.

Cascadia Minerals (Cascadia Minerals) Headlines

No Headlines