Aqua Metals (Aqua Metals) Cash, Cash Equivalents, Marketable Securities : $16.52 Mil (As of Dec. 2023)

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What is Aqua Metals Cash, Cash Equivalents, Marketable Securities?

Aqua Metals's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($6.20 Mil) to Sep. 2023 ($25.60 Mil) but then stayed the same from Sep. 2023 ($25.60 Mil) to Dec. 2023 ($16.52 Mil).

Aqua Metals's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($8.14 Mil) to Dec. 2022 ($7.08 Mil) but then increased from Dec. 2022 ($7.08 Mil) to Dec. 2023 ($16.52 Mil).

Aqua Metals Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Aqua Metals'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.

Aqua Metals Cash, Cash Equivalents, Marketable Securities Chart

Aqua Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

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7.58

6.53

8.14

7.08

16.52

Aqua Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															7.08	3.36	6.20	25.60	16.52

Aqua Metals 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.

Aqua Metals (NAS:AQMS) 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.

Aqua Metals Cash, Cash Equivalents, Marketable Securities Related Terms

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Aqua Metals (Aqua Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Aqua Metals Inc (NAS:AQMS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

AQK:Germany AQK:Germany

Address

5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511

Website

https://www.aquametals.com

Aqua Metals Inc is a United States-based company engaged in the business of recycling Lead through a novel, proprietary and patent-pending process that it developed and named AquaRefining. The company's breakthrough, AquaRefining, delivers a product, at a higher yield, eliminates toxic waste, reduces permitting and is less expensive to build than smelting. AquaRefining process will provide for the recycling of Lead acid batteries and the production of a pure grade Lead with a significantly lower cost of production, and with fewer environmental and regulatory issues, than conventional methods of Lead production.

Executives

Vincent L Divito	director	329 DOLPHIN LANE, WEST BABYLON NY 11704
Sung Yi	director	C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Peifang Zhang	director	21640 E. BRIARWOOD DR., AURORA CO 80016
Edward J Smith	director	635 HOOD ROAD, MARKHAM A6 L3R 4N6
David Kanen	director	6429 NW 65TH WAY, PARKLAND FL 33067
Philotimo Fund, Lp	other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc	other: Passive Investor	5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
David Mcmurtry	officer: Chief Business Officer	C/O AQUA METALS.COM, 5370 KIETZKE LN SUITE 201, RENO NV 89511
Stephen Cotton	officer: Chief Commercial Officer	1010 ATLANTIC AVE, ALAMEDA CA 94501
Benjamin S. Taecker	officer: Chief Eng and Opr Officer	C/O AQUA METALS, 2500 PERU DR., MCCARRAN NV 89437
Judd Merrill	officer: Chief Financial Officer	2425 CROOKED CANYON CT., RENO NV 89521
S. Shariq Yosufzai	director	171 ALPINE TERRACE, OAKLAND CA 94618
Gayle J Gibson	director	2500 PERU DRIVE, MCCARRAN NV 89437
Susanne Meline	director	P.O. BOX 515381, #86506, LOS ANGELES CA 90051
Sushil Kapoor	director	AQUA METALS, INC., 1010 ATLANTIC AVE STE 101, ALAMEDA CA 94501