NKRSF (Niko Resources) Beginning Cash Position: $3.63 Mil (As of Dec. 2018)

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What is Niko Resources Beginning Cash Position?

Niko Resources NKRSF -90.00% Beginning Cash Position is $3.63 Mil as of Dec. 2018.

Niko Resources's Beginning Cash Position for the quarter that ended in Dec. 2018 was $3.63 Mil.

Niko Resources's quarterly Beginning Cash Position increased from Jun. 2018 ($2.81 Mil) to Sep. 2018 ($10.20 Mil) but then declined from Sep. 2018 ($10.20 Mil) to Dec. 2018 ($3.63 Mil).

Niko Resources's annual Beginning Cash Position declined from Mar. 2016 ($59.64 Mil) to Mar. 2017 ($37.07 Mil) and declined from Mar. 2017 ($37.07 Mil) to Mar. 2018 ($11.39 Mil).

Niko Resources Beginning Cash Position Related Terms

Niko Resources Beginning Cash Position Historical Data

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The historical data trend for Niko Resources'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.

Niko Resources Beginning Cash Position Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.39 82.48 59.64 37.07 11.39

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 2.47 1.31 2.81 10.20 3.63

Niko Resources 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 $3.63 Mil mean?
Niko Resources (NKRSF) has a Beginning Cash Position of $3.63 Mil as of Dec. 2018. 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 Niko Resources and its competitors.
Is Niko Resources' Beginning Cash Position too high?
Niko Resources' current Beginning Cash Position is $3.63 Mil.
How does Niko Resources' Beginning Cash Position compare to SNECQ and PTCO?
Niko Resources' Beginning Cash Position of $3.63 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Beginning Cash Position depends on the Oil & Gas 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 Niko Resources and its competitors. Niko Resources's current Beginning Cash Position is $3.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Resources stock overvalued right now?
Niko Resources (NKRSF) has a current Beginning Cash Position of $3.63 Mil. The current Beginning Cash Position is $3.63 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 Niko Resources (NKRSF), the current Beginning Cash Position is $3.63 Mil as of Dec. 2018. 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.

Niko Resources Business Description

Industry EnergyOil & Gas
Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6
Niko Resources Ltd is an oil and natural gas exploration and production company.