Sail Mining Group (JSE:SGP) Beginning Cash Position: R2 Mil (As of Aug. 2021)

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What is Sail Mining Group Beginning Cash Position?

Sail Mining Group JSE:SGP Beginning Cash Position is R2 Mil as of Aug. 2021.

Sail Mining Group's Beginning Cash Position for the quarter that ended in Aug. 2021 was R2 Mil.

Sail Mining Group's quarterly Beginning Cash Position increased from Aug. 2020 (R9 Mil) to Feb. 2021 (R15 Mil) but then declined from Feb. 2021 (R15 Mil) to Aug. 2021 (R2 Mil).

Sail Mining Group's annual Beginning Cash Position increased from Feb. 2019 (R35 Mil) to Feb. 2020 (R46 Mil) but then declined from Feb. 2020 (R46 Mil) to Feb. 2021 (R9 Mil).

Sail Mining Group Beginning Cash Position Related Terms

Sail Mining Group Beginning Cash Position Historical Data

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The historical data trend for Sail Mining Group'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.

Sail Mining Group Beginning Cash Position Chart

Sail Mining Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.56 34.89 45.61 9.45

Sail Mining Group Semi-Annual Data
Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.61 13.14 9.45 14.80 1.72

Sail Mining Group 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 R2 Mil mean?
Sail Mining Group (JSE:SGP) has a Beginning Cash Position of R2 Mil as of Aug. 2021. 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 Sail Mining Group and its competitors.
Is Sail Mining Group's Beginning Cash Position too high?
Sail Mining Group's current Beginning Cash Position is R2 Mil.
How does Sail Mining Group's Beginning Cash Position compare to BHPBF?
Sail Mining Group's Beginning Cash Position of R2 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 Sail Mining Group and its competitors. Sail Mining Group's current Beginning Cash Position is R2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sail Mining Group stock overvalued right now?
Sail Mining Group (JSE:SGP) has a current Beginning Cash Position of R2 Mil. The current Beginning Cash Position is R2 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 Sail Mining Group (JSE:SGP), the current Beginning Cash Position is R2 Mil as of Aug. 2021. 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.

Sail Mining Group Business Description

Address 4 Peltier Drive, Unit 25 Sunninghill Office Park, Johannesburg, GT, ZAF, 2054
Sail Mining Group Ltd Formerly Chrometco Ltd is a mineral exploration company. It has chrome and mining operations in the North-West Province of South Africa. In addition, Chrometco focuses on the investigation of other chrome and base metal properties for exploration purposes and on researching and investigating business development opportunities. The group holds interest in mining, concentrating and beneficiating various metals and their ores, in particular chrome, platinum, copper, cobalt, nickel and manganese.