Rambler Metals and Mining (Rambler Metals and Mining) Cash, Cash Equivalents, Marketable Securities

: $1.46 Mil (As of Jun. 2022)

View and export this data going back to 2007. Start your Free Trial

Rambler Metals and Mining's quarterly cash, cash equivalents, marketable securities increased from Jun. 2021 ($1.56 Mil) to Dec. 2021 ($1.61 Mil) but then stayed the same from Dec. 2021 ($1.61 Mil) to Jun. 2022 ($1.46 Mil).

Rambler Metals and Mining's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($1.94 Mil) to Dec. 2020 ($6.45 Mil) but then declined from Dec. 2020 ($6.45 Mil) to Dec. 2021 ($1.61 Mil).

Rambler Metals and Mining Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Rambler Metals and Mining'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.

Rambler Metals and Mining Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

3.35

0.24

1.94

6.45

1.61

Rambler Metals and Mining Semi-Annual Data
	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Cash, Cash Equivalents, Marketable Securities																0.06	6.45	1.56	1.61	1.46

Rambler Metals and Mining 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.

Rambler Metals and Mining (OTCPK:RBMTF) 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.

Rambler Metals and Mining Cash, Cash Equivalents, Marketable Securities Related Terms

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

Rambler Metals and Mining (Rambler Metals and Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rambler Metals and Mining PLC (OTCPK:RBMTF) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Sheen Road, Richmond upon Thames, Surrey, GBR, TW9 1AD

Website

https://www.ramblermines.com

Rambler Metals and Mining PLC's principal activity is the development, mining, and exploration of the Project in Newfoundland and Labrador. The company owns an interest in Ming Mine Project which is located on the Baie Verte Peninsula in Canada. Its other properties include Goodyear's Cove which is an integrated concentrate storage and shipping facility and the Nugget Pond property. The company earns most of the revenue from Canada.