Route 109 Resources (STU:8M0) Cash And Cash Equivalents : €0.40 Mil (As of Feb. 2025)

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What is Route 109 Resources Cash And Cash Equivalents?

Route 109 Resources's quarterly cash and cash equivalents declined from Aug. 2024 (€0.82 Mil) to Nov. 2024 (€0.66 Mil) but then stayed the same from Nov. 2024 (€0.66 Mil) to Feb. 2025 (€0.40 Mil).

Route 109 Resources's annual cash and cash equivalents declined from Aug. 2022 (€1.08 Mil) to Aug. 2023 (€0.40 Mil) but then increased from Aug. 2023 (€0.40 Mil) to Aug. 2024 (€0.82 Mil).

Route 109 Resources Cash And Cash Equivalents Historical Data

The historical data trend for Route 109 Resources'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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Route 109 Resources Cash And Cash Equivalents Chart

Route 109 Resources Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Cash And Cash Equivalents

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0.36

1.86

1.08

0.40

0.82

Route 109 Resources Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.31	0.06	0.82	0.66	0.40

Route 109 Resources 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.

Route 109 Resources (STU:8M0) 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.

Route 109 Resources Cash And Cash Equivalents Related Terms

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Route 109 Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Route 109 Resources Inc (STU:8M0) » Definitions » Cash And Cash Equivalents

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MRIRF:USA RTE:Canada

Address

1177 W. Hastings Street, Suite 2700, Vancouver, BC, CAN, V6E 2K3

Website

https://www.route109resources.com

Route 109 Resources Inc is a Canadian exploration company with two historical high-grade assets in Quebec. Currently, it is Exploring for Copper and Gold in Quebec. The Dunlop Bay property has 76 contiguous mineral claims that cover 4,226 hectares, and the King Tut property has 120 contiguous mineral claims that cover 5,206 hectares.

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