Mindoro Resources (ASX:MDO) Cash And Cash Equivalents : A$0.02 Mil (As of Sep. 2017)

View and export this data going back to . Start your Free Trial

What is Mindoro Resources Cash And Cash Equivalents?

Mindoro Resources's quarterly cash and cash equivalents declined from Mar. 2017 (A$0.22 Mil) to Jun. 2017 (A$0.02 Mil) but then stayed the same from Jun. 2017 (A$0.02 Mil) to Sep. 2017 (A$0.02 Mil).

Mindoro Resources's annual cash and cash equivalents declined from Dec. 2014 (A$0.40 Mil) to Dec. 2015 (A$0.12 Mil) and declined from Dec. 2015 (A$0.12 Mil) to Dec. 2016 (A$0.10 Mil).

Mindoro Resources Cash And Cash Equivalents Historical Data

The historical data trend for Mindoro Resources'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.

Mindoro Resources Cash And Cash Equivalents Chart

Mindoro Resources Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.60

0.21

0.40

0.12

0.10

Mindoro Resources Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.08	0.10	0.22	0.02	0.02

Mindoro Resources 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.

Mindoro Resources (ASX:MDO) 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.

Mindoro Resources Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Mindoro Resources's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Mindoro Resources (ASX:MDO) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

8751 Paseo de Roxas Street, 22nd Floor BDO Equitable Tower, Makati City, PHL, 1226

Website

http://www.mindoro.com

Mindoro Resources Ltd engages in the acquisition, exploration, and development of mineral properties in the Philippines. The company explores for nickel, copper, and gold deposits. It holds a 75% interest in the Agata nickel project located in the Surigao mining region on the island of Mindanao. The firm also holds a 75% interest and an option to acquire additional 25% interest in the Tapian San Francisco Copper-Gold Project, Mindanao; and a 75% interest in the Pan de Azucar Sulphur-Copper-Gold Project, Iloilo City.

Mindoro Resources (ASX:MDO) Headlines

No Headlines