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COBA (Chilean Cobalt) Cash And Cash Equivalents : $0.33 Mil (As of Dec. 2024)


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What is Chilean Cobalt Cash And Cash Equivalents?

Chilean Cobalt's quarterly cash and cash equivalents declined from Jun. 2024 ($0.42 Mil) to Sep. 2024 ($0.22 Mil) but then increased from Sep. 2024 ($0.22 Mil) to Dec. 2024 ($0.33 Mil).

Chilean Cobalt's annual cash and cash equivalents increased from Dec. 2022 ($0.63 Mil) to Dec. 2023 ($0.80 Mil) but then declined from Dec. 2023 ($0.80 Mil) to Dec. 2024 ($0.33 Mil).

Chilean Cobalt Cash And Cash Equivalents Historical Data

The historical data trend for Chilean Cobalt'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.

Chilean Cobalt Cash And Cash Equivalents Chart

Chilean Cobalt Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
0.32 0.63 0.80 0.33

Chilean Cobalt Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.63 0.42 0.22 0.33

Chilean Cobalt 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.

Chilean Cobalt  (OTCPK:COBA) 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.

Chilean Cobalt Cash And Cash Equivalents Related Terms

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Chilean Cobalt Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Chilean Cobalt Corp (OTCPK:COBA) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
1199 Lancaster Avenue, Suite 107, Berwyn, PA, USA, 19312
Website
https://www.chileancobaltcorp.com
Chilean Cobalt Corp is a primary cobalt, secondary copper, junior mining and exploration company. It is a critical materials exploration and development company focused on developing the La Cobaltera project located in Chile's historic San Juan cobalt district. La Cobaltera is a district-scale opportunity across C3's 2,635 hectares of 100 percent owned and unencumbered mining property situated in the San Juan District in northern Chile (Atacama Region III), a historic mining district with numerous past-producing mines and excellent infrastructure and accessibility.