Tearlach Resources (Tearlach Resources) Cash And Cash Equivalents : $0.01 Mil (As of Dec. 2023)

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What is Tearlach Resources Cash And Cash Equivalents?

Tearlach Resources's quarterly cash and cash equivalents declined from Mar. 2023 ($0.84 Mil) to Sep. 2023 ($0.13 Mil) but then stayed the same from Sep. 2023 ($0.13 Mil) to Dec. 2023 ($0.01 Mil).

Tearlach Resources's annual cash and cash equivalents declined from Sep. 2021 ($0.16 Mil) to Sep. 2022 ($0.04 Mil) but then increased from Sep. 2022 ($0.04 Mil) to Sep. 2023 ($0.13 Mil).

Tearlach Resources Cash And Cash Equivalents Historical Data

The historical data trend for Tearlach 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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Tearlach Resources Cash And Cash Equivalents Chart

Tearlach Resources Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash And Cash Equivalents

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0.16

0.04

0.13

Tearlach Resources Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.04	2.74	0.84	0.13	0.01

Tearlach 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.

Tearlach Resources (OTCPK:TELHF) 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.

Tearlach Resources Cash And Cash Equivalents Related Terms

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Tearlach Resources (Tearlach Resources) Business Description

Industry

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V44:Germany TEA:Canada

Address

789 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2

Website

https://www.tearlach.ca

Tearlach Resources Ltd is a British Columbia, Canada incorporated company engaged in the acquisition, exploration, and development of lithium projects in the Americas. Its projects include The Pakwan lithium project, the Gabriel project, the Margo lake property, The Shelby project, and The New Frontier Project.