Saga Metals (STU:20H) Cash And Cash Equivalents : €0.44 Mil (As of Jan. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Saga Metals Cash And Cash Equivalents?

Saga Metals's quarterly cash and cash equivalents declined from Jul. 2024 (€0.53 Mil) to Oct. 2024 (€0.08 Mil) but then increased from Oct. 2024 (€0.08 Mil) to Jan. 2025 (€0.44 Mil).

Saga Metals's annual cash and cash equivalents increased from . 20 (€0.00 Mil) to Jul. 2023 (€0.85 Mil) but then declined from Jul. 2023 (€0.85 Mil) to Jul. 2024 (€0.53 Mil).

Saga Metals Cash And Cash Equivalents Historical Data

The historical data trend for Saga 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.

* Premium members only.

Saga Metals Cash And Cash Equivalents Chart

Saga Metals Annual Data

Trend

Jul23

Jul24

Cash And Cash Equivalents

0.85

0.53

Saga Metals Quarterly Data
	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.45	0.27	0.53	0.08	0.44

Saga 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.

Saga Metals (STU:20H) 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.

Saga Metals Cash And Cash Equivalents Related Terms

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

Saga Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saga Metals Corp (STU:20H) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SAGA:Canada

Address

2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3

Website

https://www.sagametals.com

Saga Metals Corp is a diversified critical mineral exploration company whose principal business is the acquisition and exploration of mineral assets that support the green energy transition. It has currently has interests in four mineral properties in Canada: Double Mer Property, a uranium exploration project, Legacy Lithium Property, a LCT spodumene pegmatite lithium exploration project, Radar Titanium-Vanadium Property, a titanium-vanadium layered mafic intrusion exploration project and North Wind Iron Project.

Saga Metals Headlines

No Headlines