Cabral Gold (STU:C3J) Cash And Cash Equivalents : €0.93 Mil (As of Sep. 2024)

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What is Cabral Gold Cash And Cash Equivalents?

Cabral Gold's quarterly cash and cash equivalents increased from Mar. 2024 (€1.67 Mil) to Jun. 2024 (€1.98 Mil) but then stayed the same from Jun. 2024 (€1.98 Mil) to Sep. 2024 (€0.93 Mil).

Cabral Gold's annual cash and cash equivalents declined from Dec. 2021 (€3.39 Mil) to Dec. 2022 (€0.98 Mil) but then increased from Dec. 2022 (€0.98 Mil) to Dec. 2023 (€2.66 Mil).

Cabral Gold Cash And Cash Equivalents Historical Data

The historical data trend for Cabral 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.

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Cabral Gold Cash And Cash Equivalents Chart

Cabral Gold Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.48

3.52

3.39

0.98

2.66

Cabral Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															4.40	2.66	1.67	1.98	0.93

Cabral 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.

Cabral Gold (STU:C3J) 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.

Cabral Gold Cash And Cash Equivalents Related Terms

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Cabral Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cabral Gold Inc (STU:C3J) » Definitions » Cash And Cash Equivalents

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CBGZF:USA CBR:Canada

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.cabralgold.com

Cabral Gold Inc is a junior resource exploration company. The company is engaged in the identification, exploration, and development of mineral properties. The company projects include The Cuiu Cuiu gold project, The Bom Jardim project, and The Cuiu Cuiu gold project consists of several shear zone-hosted gold deposits that occur within granitic rocks of the Cuiu Cuiu Complex, in the Tapajos Region of northern Brazil. Its Bom Jardim project is located northwest of the Cuiu Cuiu property and northwest of Eldorado's Tocantinzinho deposit.

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