Lomiko Metals (FRA:DH8) Cash And Cash Equivalents : €0.67 Mil (As of Jan. 2025)

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What is Lomiko Metals Cash And Cash Equivalents?

Lomiko Metals's quarterly cash and cash equivalents declined from Jul. 2024 (€0.84 Mil) to Oct. 2024 (€0.50 Mil) but then increased from Oct. 2024 (€0.50 Mil) to Jan. 2025 (€0.67 Mil).

Lomiko Metals's annual cash and cash equivalents declined from Jul. 2022 (€2.86 Mil) to Jul. 2023 (€1.44 Mil) and declined from Jul. 2023 (€1.44 Mil) to Jul. 2024 (€0.84 Mil).

Lomiko Metals Cash And Cash Equivalents Historical Data

The historical data trend for Lomiko Metals'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.

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Lomiko Metals Cash And Cash Equivalents Chart

Lomiko Metals Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Cash And Cash Equivalents

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0.01

3.40

2.86

1.44

0.84

Lomiko Metals Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.74	0.51	0.84	0.50	0.67

Lomiko Metals 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.

Lomiko Metals (FRA:DH8) 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.

Lomiko Metals Cash And Cash Equivalents Related Terms

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Lomiko Metals Business Description

Industry

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LMRMF:USA LMR:Canada

Address

7184 120th Street, Suite 439, Surrey, BC, CAN, V3W 0M6

Website

https://www.lomiko.com

Lomiko Metals Inc is a company with the mission to manifest abundance of renewable energy with Canadian and Quebec critical minerals for a solution in North America. It is developing the La Loutre graphite deposit, located northwest of Montreal, and the Bourier lithium project, located in the James Bay region of Quebec in Canada's lithium triangle that has historically housed lithium deposits and mineralization trends. the company is also working on a graphite pipeline project. Lomiko Metals Graphics Portfolio which includes sub projects under it: Lac Boyd, Lac Dieppe, Lac Meloche, Lac Tremblant, Ruisseau, North Low.

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