Aquarius Platinum (Aquarius Platinum) Cash And Cash Equivalents : $42.2 Mil (As of Dec. 2015)

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What is Aquarius Platinum Cash And Cash Equivalents?

Aquarius Platinum's quarterly cash and cash equivalents increased from Dec. 2014 ($164.21 Mil) to Jun. 2015 ($195.77 Mil) but then stayed the same from Jun. 2015 ($195.77 Mil) to Dec. 2015 ($42.17 Mil).

Aquarius Platinum's annual cash and cash equivalents increased from Jun. 2013 ($77.77 Mil) to Jun. 2014 ($136.82 Mil) and increased from Jun. 2014 ($136.82 Mil) to Jun. 2015 ($195.77 Mil).

Aquarius Platinum Cash And Cash Equivalents Historical Data

The historical data trend for Aquarius Platinum'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.

Aquarius Platinum Cash And Cash Equivalents Chart

Aquarius Platinum Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Cash And Cash Equivalents

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328.08

180.09

77.77

136.82

195.77

Aquarius Platinum Semi-Annual Data
	Jun05	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Cash And Cash Equivalents	Get a 7-Day Free Trial															83.00	136.82	164.21	195.77	42.17

Aquarius Platinum 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.

Aquarius Platinum (OTCPK:AQPTY) 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.

Aquarius Platinum Cash And Cash Equivalents Related Terms

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Aquarius Platinum (Aquarius Platinum) Business Description

Industry

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Address

Website

http://www.aquariusplatinum.com

Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

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