Cornish Metals (LSE:CUSN) Cash And Cash Equivalents : £47.96 Mil (As of Mar. 2025)

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What is Cornish Metals Cash And Cash Equivalents?

Cornish Metals's quarterly cash and cash equivalents increased from Sep. 2024 (£1.84 Mil) to Dec. 2024 (£5.32 Mil) and increased from Dec. 2024 (£5.32 Mil) to Mar. 2025 (£47.96 Mil).

Cornish Metals's annual cash and cash equivalents increased from Jan. 2022 (£4.05 Mil) to Jan. 2023 (£33.78 Mil) but then declined from Jan. 2023 (£33.78 Mil) to Dec. 2024 (£5.32 Mil).

Cornish Metals Cash And Cash Equivalents Historical Data

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

Cornish Metals Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Dec24

Cash And Cash Equivalents

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0.76

0.20

4.05

33.78

5.32

Cornish Metals Quarterly Data
	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															9.89	3.47	1.84	5.32	47.96

Cornish 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.

Cornish Metals (LSE:CUSN) 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.

Cornish Metals Cash And Cash Equivalents Related Terms

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Cornish Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cornish Metals Inc (LSE:CUSN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SBWFF:USA ZYR1:Germany ZYR1:Germany CUSN:Canada

Address

1056 - 409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cornishmetals.com

Cornish Metals Inc is engaged in the exploration and development of its mineral properties in Cornwall, United Kingdom. Its flagship mineral property is the past producing South Crofty underground tin mine which is being re-opened through a final investment decision. The Cornwall Mineral Properties are one of the highest-grade tin resources globally, with the potential to become a new, low-cost producer for the world. The company also holds other mineral rights in Cornwall with potential for the discovery of tin, copper, lithium, tungsten, zinc, and silver mineralisation.

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