Sirius Minerals (Sirius Minerals) Cash And Cash Equivalents : $442.33 Mil (As of Jun. 2019)

View and export this data going back to 2010. Start your Free Trial

What is Sirius Minerals Cash And Cash Equivalents?

Sirius Minerals's quarterly cash and cash equivalents declined from Jun. 2018 ($320.35 Mil) to Dec. 2018 ($291.27 Mil) but then increased from Dec. 2018 ($291.27 Mil) to Jun. 2019 ($442.33 Mil).

Sirius Minerals's annual cash and cash equivalents declined from Dec. 2016 ($324.79 Mil) to Dec. 2017 ($315.68 Mil) and declined from Dec. 2017 ($315.68 Mil) to Dec. 2018 ($291.27 Mil).

Sirius Minerals Cash And Cash Equivalents Historical Data

The historical data trend for Sirius Minerals'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.

Sirius Minerals Cash And Cash Equivalents Chart

Sirius Minerals Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Cash And Cash Equivalents

Get a 7-Day Free Trial

80.41

39.82

324.79

315.68

291.27

Sirius Minerals Semi-Annual Data
	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Cash And Cash Equivalents	Get a 7-Day Free Trial															357.01	315.68	320.35	291.27	442.33

Sirius Minerals 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.

Sirius Minerals (OTCPK:SRUXY) 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.

Sirius Minerals Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Sirius Minerals's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Sirius Minerals (Sirius Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sirius Minerals PLC (OTCPK:SRUXY) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF

Website

http://www.siriusminerals.com

Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

From GuruFocus

Sirius Minerals: Financing will be a serious challenge

By Bronte Capital Bronte Capital • 07-02-2015