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ALTPF (Altiplano Metals) Cash And Cash Equivalents : $0.28 Mil (As of Dec. 2024)


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What is Altiplano Metals Cash And Cash Equivalents?

Altiplano Metals's quarterly cash and cash equivalents increased from Jun. 2024 ($0.02 Mil) to Sep. 2024 ($0.06 Mil) and increased from Sep. 2024 ($0.06 Mil) to Dec. 2024 ($0.28 Mil).

Altiplano Metals's annual cash and cash equivalents increased from Dec. 2019 ($0.02 Mil) to Dec. 2020 ($1.45 Mil) but then declined from Dec. 2020 ($1.45 Mil) to Dec. 2021 ($1.14 Mil).

Altiplano Metals Cash And Cash Equivalents Historical Data

The historical data trend for Altiplano 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.

* Premium members only.

Altiplano Metals Cash And Cash Equivalents Chart

Altiplano Metals Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.02 1.45 1.14

Altiplano Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Jun24 Sep24 Dec24
Cash And Cash Equivalents 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 0.22 0.08 0.02 0.06 0.28

Altiplano 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.

Altiplano Metals  (OTCPK:ALTPF) 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.

Altiplano Metals Cash And Cash Equivalents Related Terms

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Altiplano Metals Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Altiplano Metals Inc (OTCPK:ALTPF) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
9AJ1:Germany APN:Canada
Address
10545 - 45 Avenue NW, 250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Website
https://www.apnmetals.com
Altiplano Metals Inc is a Canadian mineral development company focused on acquiring projects with the potential for advancement from discovery through to production. The company has a diversified portfolio of assets that include an operating copper/gold/iron mine, development of near-term producing gold/copper projects, and exploration land packages with district-scale potential. Some of the projects include the Santa Beatriz Project, Maria Luisa Property, Farellon Property, and Pastillas Gold Project.