Bear Creek Mining (TSXV:BCM) Cash And Cash Equivalents : C$2.3 Mil (As of Sep. 2023)

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What is Bear Creek Mining Cash And Cash Equivalents?

Bear Creek Mining's quarterly cash and cash equivalents stayed the same from Mar. 2023 (C$0.00 Mil) to Jun. 2023 (C$0.00 Mil) but then increased from Jun. 2023 (C$0.00 Mil) to Sep. 2023 (C$2.27 Mil).

Bear Creek Mining's annual cash and cash equivalents increased from Dec. 2020 (C$26.34 Mil) to Dec. 2021 (C$30.95 Mil) but then declined from Dec. 2021 (C$30.95 Mil) to Dec. 2022 (C$4.73 Mil).

Bear Creek Mining Cash And Cash Equivalents Historical Data

The historical data trend for Bear Creek Mining'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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Bear Creek Mining Cash And Cash Equivalents Chart

Bear Creek Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

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46.97

14.36

26.34

30.95

4.73

Bear Creek Mining 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															12.82	4.73	-	-	2.27

Bear Creek Mining 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.

Bear Creek Mining (TSXV:BCM) 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.

Bear Creek Mining Cash And Cash Equivalents Related Terms

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Bear Creek Mining (TSXV:BCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bear Creek Mining Corp (TSXV:BCM) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

BCEKF:USA OU6:Germany OU6:Germany

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.bearcreekmining.com

Bear Creek Mining Corp is a mineral resource corporation engaged in the acquisition, exploration, development and operation of mineral properties in Latin America. The company is a precious metals producer with 100% ownership of two material mineral projects - the Mercedes Mine and the Corani Property.