Tasman Metals (FRA:T61) Cash And Cash Equivalents : €1.12 Mil (As of May. 2016)

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What is Tasman Metals Cash And Cash Equivalents?

Tasman Metals's quarterly cash and cash equivalents declined from Aug. 2015 (€1.78 Mil) to Nov. 2015 (€1.55 Mil) but then stayed the same from Nov. 2015 (€1.55 Mil) to May. 2016 (€1.12 Mil).

Tasman Metals's annual cash and cash equivalents increased from Aug. 2013 (€4.04 Mil) to Aug. 2014 (€4.22 Mil) but then declined from Aug. 2014 (€4.22 Mil) to Aug. 2015 (€1.78 Mil).

Tasman Metals Cash And Cash Equivalents Historical Data

The historical data trend for Tasman 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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Tasman Metals Cash And Cash Equivalents Chart

Tasman Metals Annual Data

Trend

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Cash And Cash Equivalents

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10.82

7.94

4.04

4.22

1.78

Tasman Metals Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	May16
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.47	2.25	1.78	1.55	1.12

Tasman 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.

Tasman Metals (FRA:T61) 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.

Tasman Metals Cash And Cash Equivalents Related Terms

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Tasman Metals (FRA:T61) Business Description

Industry

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Address

Website

http://www.tasmanmetals.com

Tasman Metals Ltd was incorporated under the laws of the Province of British Columbia on August 27, 2007. The Company is a junior resource company engaged in the acquisition and exploration of unproven mineral interests in Scandinavia. Its projects include Rare Earth Element Properties, Iron ore properties and Tungsten properties.

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