Touchstone Gold (FRA:T03) Beginning Cash Position: €-0.03 Mil (As of Jun. 2014)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Touchstone Gold Beginning Cash Position?

Touchstone Gold FRA:T03 Beginning Cash Position is €-0.03 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

Touchstone Gold's Beginning Cash Position for the quarter that ended in Jun. 2014 was €-0.03 Mil.

Touchstone Gold's quarterly Beginning Cash Position declined from Sep. 2013 (€0.56 Mil) to Dec. 2013 (€0.07 Mil) and declined from Dec. 2013 (€0.07 Mil) to Jun. 2014 (€-0.03 Mil).

Touchstone Gold's annual Beginning Cash Position increased from Dec. 2011 (€1.17 Mil) to Dec. 2012 (€7.42 Mil) but then declined from Dec. 2012 (€7.42 Mil) to Dec. 2013 (€2.75 Mil).

Touchstone Gold Beginning Cash Position Related Terms

Touchstone Gold Beginning Cash Position Historical Data

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The historical data trend for Touchstone Gold's Beginning Cash Position 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.

Touchstone Gold Beginning Cash Position Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Beginning Cash Position
0.00 0.03 1.17 7.42 2.75

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.09 1.82 0.56 0.07 -0.03

Touchstone Gold Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €-0.03 Mil mean?
Touchstone Gold (FRA:T03) has a Beginning Cash Position of €-0.03 Mil as of Jun. 2014. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Touchstone Gold and its competitors.
Is Touchstone Gold's Beginning Cash Position too high?
Touchstone Gold's current Beginning Cash Position is €-0.03 Mil.
How does Touchstone Gold's Beginning Cash Position compare to THMG and DTRC?
Touchstone Gold's Beginning Cash Position of €-0.03 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Touchstone Gold and its competitors. Touchstone Gold's current Beginning Cash Position is €-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Touchstone Gold stock overvalued right now?
Touchstone Gold (FRA:T03) has a current Beginning Cash Position of €-0.03 Mil. The current Beginning Cash Position is €-0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Touchstone Gold (FRA:T03), the current Beginning Cash Position is €-0.03 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Touchstone Gold Business Description

Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.