International Minerals (FRA:MIW) Cash And Cash Equivalents : €38.50 Mil (As of Sep. 2013)

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What is International Minerals Cash And Cash Equivalents?

International Minerals's quarterly cash and cash equivalents increased from Mar. 2013 (€41.46 Mil) to Jun. 2013 (€44.12 Mil) but then stayed the same from Jun. 2013 (€44.12 Mil) to Sep. 2013 (€38.50 Mil).

International Minerals's annual cash and cash equivalents increased from Jun. 2011 (€59.57 Mil) to Jun. 2012 (€64.75 Mil) but then declined from Jun. 2012 (€64.75 Mil) to Jun. 2013 (€44.12 Mil).

International Minerals Cash And Cash Equivalents Historical Data

The historical data trend for International Minerals'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.

International Minerals Cash And Cash Equivalents Chart

International Minerals Annual Data

Trend

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Cash And Cash Equivalents

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31.26

23.80

59.57

64.75

44.12

International Minerals Quarterly Data
	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13
Cash And Cash Equivalents	Get a 7-Day Free Trial															64.54	56.20	41.46	44.12	38.50

International Minerals 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.

International Minerals (FRA:MIW) 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.

International Minerals Cash And Cash Equivalents Related Terms

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International Minerals (FRA:MIW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Minerals Corporation (FRA:MIW) » Definitions » Cash And Cash Equivalents

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Address

Website

http://www.intlminerals.com

International Minerals Corporation is a Canadian mineral resource company engaged, indirectly through its subsidiaries and investee companies, in the exploration, development and exploitation of gold and silver deposits in the northern Andes of South America (Peru and Ecuador) and in the state of Nevada, U.S.A. The Company has identified proven and probable reserves at its Pallancata, Inmaculada, Rio Blanco and Goldfield properties and is currently developing or may proceed to develop these reserves.

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