Northam Platinum (Northam Platinum) Cash And Cash Equivalents : $278.67 Mil (As of Jun. 2021)

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What is Northam Platinum Cash And Cash Equivalents?

Northam Platinum's quarterly cash and cash equivalents declined from Jun. 2020 ($126.12 Mil) to Dec. 2020 ($23.10 Mil) but then increased from Dec. 2020 ($23.10 Mil) to Jun. 2021 ($278.67 Mil).

Northam Platinum's annual cash and cash equivalents increased from Jun. 2019 ($58.32 Mil) to Jun. 2020 ($126.12 Mil) and increased from Jun. 2020 ($126.12 Mil) to Jun. 2021 ($278.67 Mil).

Northam Platinum Cash And Cash Equivalents Historical Data

The historical data trend for Northam Platinum'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.

Northam Platinum Cash And Cash Equivalents Chart

Northam Platinum Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash And Cash Equivalents

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138.60

21.86

58.32

126.12

278.67

Northam Platinum Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash And Cash Equivalents	Get a 7-Day Free Trial															58.32	53.74	126.12	23.10	278.67

Northam Platinum 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.

Northam Platinum (OTCPK:NMPNY) 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.

Northam Platinum Cash And Cash Equivalents Related Terms

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Northam Platinum (Northam Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Ltd (OTCPK:NMPNY) » Definitions » Cash And Cash Equivalents

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Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

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