Pioneer Lithium (ASX:PLN) Cash And Cash Equivalents : A$1.08 Mil (As of Dec. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Pioneer Lithium Cash And Cash Equivalents?

Pioneer Lithium's quarterly cash and cash equivalents declined from Dec. 2023 (A$2.80 Mil) to Jun. 2024 (A$1.86 Mil) but then stayed the same from Jun. 2024 (A$1.86 Mil) to Dec. 2024 (A$1.08 Mil).

Pioneer Lithium's annual cash and cash equivalents stayed the same from . 20 (A$0.00 Mil) to . 20 (A$0.00 Mil) but then increased from . 20 (A$0.00 Mil) to Jun. 2024 (A$1.86 Mil).

Pioneer Lithium Cash And Cash Equivalents Historical Data

The historical data trend for Pioneer Lithium'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.

Pioneer Lithium Cash And Cash Equivalents Chart

Pioneer Lithium Annual Data

Trend

Jun24

Cash And Cash Equivalents

1.86

Pioneer Lithium Semi-Annual Data
	Dec23	Jun24	Dec24
Cash And Cash Equivalents	2.80	1.86	1.08

Pioneer Lithium 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.

Pioneer Lithium (ASX:PLN) 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.

Pioneer Lithium Cash And Cash Equivalents Related Terms

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

Pioneer Lithium Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

108 Saint Georges Terrace, Level 50, Perth, WA, AUS, 6000

Website

https://www.pioneerlithium.com.au

Pioneer Lithium Ltd is an exploration company focused on building a critical minerals company, through the identification of geological opportunities and the exploration for critical minerals and other battery metals and chemicals. It projects include LaGrande Project; Benham Project; Lauri Lake Project and Verde Valor Project.

Pioneer Lithium Headlines

No Headlines