LZM (Lifezone Metals) Cash And Cash Equivalents : $29.28 Mil (As of Dec. 2024)

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What is Lifezone Metals Cash And Cash Equivalents?

Lifezone Metals's quarterly cash and cash equivalents increased from Mar. 2024 ($0.00 Mil) to Jun. 2024 ($63.49 Mil) but then stayed the same from Jun. 2024 ($63.49 Mil) to Dec. 2024 ($29.28 Mil).

Lifezone Metals's annual cash and cash equivalents increased from Dec. 2022 ($20.54 Mil) to Dec. 2023 ($49.39 Mil) but then declined from Dec. 2023 ($49.39 Mil) to Dec. 2024 ($29.28 Mil).

Lifezone Metals Cash And Cash Equivalents Historical Data

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

Lifezone Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

0.60

45.62

20.54

49.39

29.28

Lifezone Metals Quarterly Data
	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial								73.26	49.39	-	63.49	29.28

Lifezone 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.

Lifezone Metals (NYSE:LZM) 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.

Lifezone Metals Cash And Cash Equivalents Related Terms

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Lifezone Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lifezone Metals Ltd (NYSE:LZM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Bowring Road, Commerce House, Ramsey, IMN, IM8 2TF

Website

https://www.lifezonemetals.com

Lifezone Metals Ltd seeks to support the clean energy transition through the licensing of Hydromet Technology as an alternative to smelting and metals refining and to become an emerging supplier of responsibly sourced, lower-carbon and lower-sulfur dioxide emission metals to the battery, EV, and hydrogen markets modern pre-development exploration-stage metals company. Its business comprises two segments: Metals extraction and refining for developing and operating a vertically integrated base metal operation in the northwest region of Tanzania and Intellectual property licensing comprises patents residing with and managed by the subsidiary.