Ioneer (ASX:INR) Cash And Cash Equivalents : A$41.82 Mil (As of Dec. 2023)

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What is Ioneer Cash And Cash Equivalents?

Ioneer's quarterly cash and cash equivalents declined from Jun. 2023 (A$78.54 Mil) to Sep. 2023 (A$0.00 Mil) but then increased from Sep. 2023 (A$0.00 Mil) to Dec. 2023 (A$41.82 Mil).

Ioneer's annual cash and cash equivalents increased from Jun. 2021 (A$81.65 Mil) to Jun. 2022 (A$134.01 Mil) but then declined from Jun. 2022 (A$134.01 Mil) to Jun. 2023 (A$78.54 Mil).

Ioneer Cash And Cash Equivalents Historical Data

The historical data trend for Ioneer'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.

Ioneer Cash And Cash Equivalents Chart

Ioneer Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

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49.02

38.10

81.65

134.01

78.54

Ioneer Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															-	78.54	-	41.82	-

Ioneer 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.

Ioneer (ASX:INR) 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.

Ioneer Cash And Cash Equivalents Related Terms

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Ioneer (ASX:INR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ioneer Ltd (ASX:INR) » Definitions » Cash And Cash Equivalents

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IONR:USA GSCCF:USA

Address

213 Miller Street, Level 16, Suite 16.01, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ioneer.com

Ioneer Ltd is a mineral exploration company. The company's focus is on the Rhyolite Ridge Lithium-Boron Project located in Nevada, USA. Geographically, the group has a business presence in Australia and North America. The company's focus is to develop a U.S. based source of lithium and boron that can be extracted in an environmentally and socially responsible manner, providing two materials that are essential to achieve a sustainable future for the planet.