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Summit Minerals (ASX:SUM) Ending Cash Position : A$2.19 Mil (As of Dec. 2023)


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What is Summit Minerals Ending Cash Position?

Summit Minerals's Ending Cash Position for the quarter that ended in Dec. 2023 was A$2.19 Mil.

Summit Minerals's quarterly Ending Cash Position declined from Dec. 2022 (A$3.41 Mil) to Jun. 2023 (A$2.46 Mil) and declined from Jun. 2023 (A$2.46 Mil) to Dec. 2023 (A$2.19 Mil).

Summit Minerals's annual Ending Cash Position stayed the same from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then increased from . 20 (A$0.00 Mil) to Jun. 2023 (A$2.46 Mil).

Summit Minerals Ending Cash Position Historical Data

The historical data trend for Summit Minerals's Ending Cash Position 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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Summit Minerals Ending Cash Position Chart

Summit Minerals Annual Data
Trend Jun23
Ending Cash Position
2.46

Summit Minerals Semi-Annual Data
Dec22 Jun23 Dec23
Ending Cash Position 3.41 2.46 2.19

Summit Minerals Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Summit Minerals's Ending Cash Position for the fiscal year that ended in Jun. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=0.801+1.66
=2.46

Summit Minerals's Ending Cash Position for the quarter that ended in Dec. 2023 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=2.461+-0.267
=2.19

Summit Minerals Ending Cash Position Related Terms

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Summit Minerals (ASX:SUM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Summit Minerals Ltd (ASX:SUM) » Definitions » Ending Cash Position
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Traded in Other Exchanges
N/A
Address
389 Oxford Street, Level 1, Mount Hawthorn, WA, AUS, 6016
Website
https://www.summitminerals.com.au
Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia. It holds interest in the following projects: Stallion REE Uranium Project (WA), the Windfall Antimony Project (NSW), the Phillips River Lithium Project (WA), and the Northern REE Lithium Projects (WA), and the Bridgetown Lithium Projects (WA).