Serabi Gold (STU:B9O2) Cash And Cash Equivalents : €10.17 Mil (As of Mar. 2024)

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

What is Serabi Gold Cash And Cash Equivalents?

Serabi Gold's quarterly cash and cash equivalents declined from Sep. 2023 (€14.39 Mil) to Dec. 2023 (€10.59 Mil) but then stayed the same from Dec. 2023 (€10.59 Mil) to Mar. 2024 (€10.17 Mil).

Serabi Gold's annual cash and cash equivalents declined from Dec. 2021 (€10.81 Mil) to Dec. 2022 (€6.79 Mil) but then increased from Dec. 2022 (€6.79 Mil) to Dec. 2023 (€10.59 Mil).

Serabi Gold Cash And Cash Equivalents Historical Data

The historical data trend for Serabi Gold'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.

Serabi Gold Cash And Cash Equivalents Chart

Serabi Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

12.81

5.43

10.81

6.79

10.59

Serabi Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															13.00	12.26	14.39	10.59	10.17

Serabi Gold 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.

Serabi Gold (STU:B9O2) 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.

Serabi Gold Cash And Cash Equivalents Related Terms

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

Serabi Gold (STU:B9O2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Serabi Gold PLC (STU:B9O2) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

SRBIF:USA SRB:UK SBI:Canada

Address

Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE

Website

https://www.serabigold.com

Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The Group has only one business activity namely the conduct of gold mining and exploration in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.

Serabi Gold (STU:B9O2) Headlines

No Headlines