Reunion Gold (Reunion Gold) Cash And Cash Equivalents : $38.63 Mil (As of Sep. 2023)

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What is Reunion Gold Cash And Cash Equivalents?

Reunion Gold's quarterly cash and cash equivalents declined from Mar. 2023 ($26.87 Mil) to Jun. 2023 ($19.54 Mil) but then increased from Jun. 2023 ($19.54 Mil) to Sep. 2023 ($38.63 Mil).

Reunion Gold's annual cash and cash equivalents increased from Dec. 2020 ($2.40 Mil) to Dec. 2021 ($10.65 Mil) and increased from Dec. 2021 ($10.65 Mil) to Dec. 2022 ($32.23 Mil).

Reunion Gold Cash And Cash Equivalents Historical Data

The historical data trend for Reunion 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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Reunion Gold Cash And Cash Equivalents Chart

Reunion Gold Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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12.72

6.79

2.40

10.65

32.23

Reunion 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															38.92	32.23	26.87	19.54	38.63

Reunion 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.

Reunion Gold (OTCPK:RGDFF) 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.

Reunion Gold Cash And Cash Equivalents Related Terms

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Reunion Gold (Reunion Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reunion Gold Corp (OTCPK:RGDFF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

RG7:Germany RGD:Canada

Address

181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

http://www.reuniongold.com

Reunion Gold Corp is a Canadian gold exploration and development company. It is focused on the acquisition, exploration, and development of gold mineral properties in the Guiana Shield region in South America. The main projects of the company are Boulanger and Dorlin in French Guiana, Oko West in Guyana and NW Extension in Suriname.