Kobrea Exploration (FRA:F3I) Cash And Cash Equivalents : €0.21 Mil (As of Oct. 2024)

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What is Kobrea Exploration Cash And Cash Equivalents?

Kobrea Exploration's quarterly cash and cash equivalents declined from Apr. 2024 (€0.94 Mil) to Jul. 2024 (€0.62 Mil) but then stayed the same from Jul. 2024 (€0.62 Mil) to Oct. 2024 (€0.21 Mil).

Kobrea Exploration's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Jan. 2023 (€0.25 Mil) and increased from Jan. 2023 (€0.25 Mil) to Jan. 2024 (€0.26 Mil).

Kobrea Exploration Cash And Cash Equivalents Historical Data

The historical data trend for Kobrea Exploration'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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Kobrea Exploration Cash And Cash Equivalents Chart

Kobrea Exploration Annual Data

Trend

Jan23

Jan24

Cash And Cash Equivalents

0.25

0.26

Kobrea Exploration Quarterly Data
	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.33	0.26	0.94	0.62	0.21

Kobrea Exploration 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.

Kobrea Exploration (FRA:F3I) 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.

Kobrea Exploration Cash And Cash Equivalents Related Terms

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Kobrea Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kobrea Exploration Corp (FRA:F3I) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

KBXFF:USA F3I:Germany KBX:Canada

Address

330 - 890 Pender Street West, Vancouver, BC, CAN, V6C 1J9

Website

https://www.kobreaexploration.com

Kobrea Exploration Corp is engaged in the acquisition, exploration, and evaluation of resource properties. Its objective is to locate and develop economic base metal properties of merit and to conduct its exploration program on the Upland property. The Upland property is located in Barriere, British Columbia consisting of eight mineral claims.

Kobrea Exploration Headlines

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