Discovery Silver (Discovery Silver) Cash And Cash Equivalents : $43.94 Mil (As of Dec. 2023)

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What is Discovery Silver Cash And Cash Equivalents?

Discovery Silver's quarterly cash and cash equivalents declined from Jun. 2023 ($51.31 Mil) to Sep. 2023 ($44.29 Mil) but then stayed the same from Sep. 2023 ($44.29 Mil) to Dec. 2023 ($43.94 Mil).

Discovery Silver's annual cash and cash equivalents declined from Dec. 2021 ($42.77 Mil) to Dec. 2022 ($34.02 Mil) but then increased from Dec. 2022 ($34.02 Mil) to Dec. 2023 ($43.94 Mil).

Discovery Silver Cash And Cash Equivalents Historical Data

The historical data trend for Discovery Silver'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.

Discovery Silver Cash And Cash Equivalents Chart

Discovery Silver Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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18.19

52.74

42.77

34.02

43.94

Discovery Silver Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															34.02	27.24	51.31	44.29	43.94

Discovery Silver 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.

Discovery Silver (OTCPK:DSVSF) 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.

Discovery Silver Cash And Cash Equivalents Related Terms

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Discovery Silver (Discovery Silver) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Silver Corp (OTCPK:DSVSF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

1CU0:Germany DSV:Canada

Address

55 University Avenue, Suite 701, Toronto, ON, CAN, M5J 2H7

Website

https://www.discoverysilver.com

Discovery Silver Corp is an exploration and development company building a large-scale, high-margin silver asset in Mexico. Its flagship project is the Cordero project, one of the few silver projects globally that offer margin, size, and scalability. The project is located in a prolific mining belt in Chihuahua State, Mexico. It has one segment, which is involved in the exploration and development of polymetallic mineral deposits.

Discovery Silver (Discovery Silver) Headlines

From GuruFocus

Discovery Silver Grants Long-term Incentives

By GlobeNewswire GlobeNewswire • 01-27-2023

Discovery Announces Appointment of Forbes Gemmell as VP Corporate Development and Investor Relations

By GlobeNewswire GlobeNewswire • 12-18-2019

Discovery Announces Approval to Extend Warrants

By GlobeNewswire GlobeNewswire • 07-08-2019

Discovery Announces Board Appointment

By GlobeNewswire GlobeNewswire • 06-27-2019

Discovery Advances to Final Stages of Land Re-Designation Process at Its Puerto Rico Project

By GlobeNewswire GlobeNewswire • 04-03-2019

Discovery Metals Reports Q3 2019 Financial and Operating Results

By GlobeNewswire GlobeNewswire • 11-28-2019

Discovery Metals and Levon Resources Enter Into Arrangement Agreement

By GlobeNewswire GlobeNewswire • 05-30-2019

Discovery Metals Receives Drilling Permit for Its Monclova Project

By GlobeNewswire GlobeNewswire • 07-11-2019