Valhalla Metals (TSXV:VMXX) Cash And Cash Equivalents : C$2.61 Mil (As of Sep. 2023)

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What is Valhalla Metals Cash And Cash Equivalents?

Valhalla Metals's quarterly cash and cash equivalents declined from Dec. 2022 (C$9.20 Mil) to Mar. 2023 (C$8.56 Mil) but then stayed the same from Mar. 2023 (C$8.56 Mil) to Sep. 2023 (C$2.61 Mil).

Valhalla Metals's annual cash and cash equivalents increased from . 20 (C$0.00 Mil) to Dec. 2021 (C$0.33 Mil) and increased from Dec. 2021 (C$0.33 Mil) to Dec. 2022 (C$9.20 Mil).

Valhalla Metals Cash And Cash Equivalents Historical Data

The historical data trend for Valhalla Metals'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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Valhalla Metals Cash And Cash Equivalents Chart

Valhalla Metals Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.33

9.20

Valhalla Metals Quarterly Data
	Sep21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	9.98	9.20	8.56	2.61

Valhalla Metals 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.

Valhalla Metals (TSXV:VMXX) 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.

Valhalla Metals Cash And Cash Equivalents Related Terms

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Valhalla Metals (TSXV:VMXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Valhalla Metals Inc (TSXV:VMXX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

VMXXF:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

Valhalla Metals Inc is a private exploration company based in Fairbanks, Alaska. It currently holds exploration projects concentrated in the Ambler Mining District of Alaska in the Brooks Range of NW Alaska, including the Sun and Smucker VMS Projects.

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