SBMSF (Danakali) Beginning Cash Position: $128.23 Mil (As of Jun. 2024)

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What is Danakali Beginning Cash Position?

Danakali SBMSF Beginning Cash Position is $128.23 Mil as of Jun. 2024.

Danakali's Beginning Cash Position for the quarter that ended in Jun. 2024 was $128.23 Mil.

Danakali's quarterly Beginning Cash Position increased from Jun. 2023 ($9.98 Mil) to Dec. 2023 ($112.44 Mil) and increased from Dec. 2023 ($112.44 Mil) to Jun. 2024 ($128.23 Mil).

Danakali's annual Beginning Cash Position increased from Dec. 2021 ($6.97 Mil) to Dec. 2022 ($15.44 Mil) but then declined from Dec. 2022 ($15.44 Mil) to Dec. 2023 ($9.96 Mil).

Danakali Beginning Cash Position Related Terms

Danakali Beginning Cash Position Historical Data

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The historical data trend for Danakali'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.

Danakali Beginning Cash Position Chart

Danakali Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 25.45 6.97 15.44 9.96

Danakali Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 16.08 12.12 9.98 112.44 128.23

Danakali 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 $128.23 Mil mean?
Danakali (SBMSF) has a Beginning Cash Position of $128.23 Mil as of Jun. 2024. 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 Danakali and its competitors.
Is Danakali's Beginning Cash Position too high?
Danakali's current Beginning Cash Position is $128.23 Mil.
How does Danakali's Beginning Cash Position compare to CTVA and CF?
Danakali's Beginning Cash Position of $128.23 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Beginning Cash Position depends on the Agriculture 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 Danakali and its competitors. Danakali's current Beginning Cash Position is $128.23 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danakali stock overvalued right now?
Danakali (SBMSF) has a current Beginning Cash Position of $128.23 Mil. The current Beginning Cash Position is $128.23 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 Danakali (SBMSF), the current Beginning Cash Position is $128.23 Mil as of Jun. 2024. 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.

Danakali Business Description

Address 2A/300 Fitzgerald Street, Level 1, North Perth, WA, AUS, 6006
Danakali Ltd is a potash mining company engaged in developing the Colluli Potash Project in Eritrea, East Africa. It generates the majority of its revenue in the form of interest.