Adriatic Metals (LSE:ADT1) Cash And Cash Equivalents : £16.37 Mil (As of Dec. 2024)

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What is Adriatic Metals Cash And Cash Equivalents?

Adriatic Metals's quarterly cash and cash equivalents increased from Dec. 2023 (£35.44 Mil) to Jun. 2024 (£46.20 Mil) but then stayed the same from Jun. 2024 (£46.20 Mil) to Dec. 2024 (£16.37 Mil).

Adriatic Metals's annual cash and cash equivalents declined from Dec. 2022 (£49.74 Mil) to Dec. 2023 (£35.44 Mil) and declined from Dec. 2023 (£35.44 Mil) to Dec. 2024 (£16.37 Mil).

Adriatic Metals Cash And Cash Equivalents Historical Data

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

Adriatic Metals Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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9.78

84.61

49.74

35.44

16.37

Adriatic Metals Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial										49.74	67.80	35.44	46.20	16.37

Adriatic 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.

Adriatic Metals (LSE:ADT1) 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.

Adriatic Metals Cash And Cash Equivalents Related Terms

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Adriatic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Adriatic Metals PLC (LSE:ADT1) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ADTLF:USA ADMLF:USA ADT1l:UK 3FN:Germany ADT:Australia

Address

3 Hanover Square, 4th Floor, London, GBR, W1S 1HD

Website

https://www.adriaticmetals.com

Adriatic Metals PLC is a United Kingdom-based precious and base metals mining company that is advancing the Vares Silver Operation in Bosnia and Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The company explores for zinc, lead, barite, gold, silver, and copper deposits.

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