Stanmore Resources (ASX:SMR) Cash And Cash Equivalents : A$456 Mil (As of Dec. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Stanmore Resources Cash And Cash Equivalents?

Stanmore Resources's quarterly cash and cash equivalents declined from Dec. 2023 (A$666.77 Mil) to Jun. 2024 (A$607.97 Mil) but then stayed the same from Jun. 2024 (A$607.97 Mil) to Dec. 2024 (A$456.17 Mil).

Stanmore Resources's annual cash and cash equivalents increased from Dec. 2022 (A$640.82 Mil) to Dec. 2023 (A$666.77 Mil) but then declined from Dec. 2023 (A$666.77 Mil) to Dec. 2024 (A$456.17 Mil).

Stanmore Resources Cash And Cash Equivalents Historical Data

The historical data trend for Stanmore 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.

Stanmore Resources Cash And Cash Equivalents Chart

Stanmore Resources Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

Get a 7-Day Free Trial

32.10

63.70

640.82

666.77

456.17

Stanmore Resources Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															640.82	627.14	666.77	607.97	456.17

Stanmore 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.

Stanmore Resources (ASX:SMR) 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.

Stanmore Resources Cash And Cash Equivalents Related Terms

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

Stanmore Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Stanmore Resources Ltd (ASX:SMR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

STMRF:USA S0D:Germany

Address

12 Creek Street, Level 32, Brisbane, QLD, AUS, 4000

Website

https://www.stanmore.au

Stanmore Resources Ltd is an Australian resources company that is engaged in the exploration, development, production, and sale of metallurgical coal in Queensland, Australia with operations and exploration projects in the Bowen and Surat Basins. The company's portfolio of existing operations includes the Isaac Plains Complex in Queensland's Bowen Basin region, South Walker Creek, and the Poitrel open-cut coal mine. It also holds ownership interests in several other exploration projects such as the Lilyvale project, Mackenzie, Lancewood, the Isaac Downs Extension, the Range, Belview, the Isaac Plains Underground, and the Clifford project. Geographically, the company derives maximum revenue from the sale of metallurgical coal in Asia followed by Europe and South America.