Battery Mineral Resources (TSXV:BMR) Cash And Cash Equivalents : C$1.82 Mil (As of Jun. 2024)

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What is Battery Mineral Resources Cash And Cash Equivalents?

Battery Mineral Resources's quarterly cash and cash equivalents increased from Dec. 2023 (C$0.89 Mil) to Mar. 2024 (C$7.67 Mil) but then stayed the same from Mar. 2024 (C$7.67 Mil) to Jun. 2024 (C$1.82 Mil).

Battery Mineral Resources's annual cash and cash equivalents increased from Dec. 2021 (C$2.63 Mil) to Dec. 2022 (C$4.25 Mil) but then declined from Dec. 2022 (C$4.25 Mil) to Dec. 2023 (C$0.89 Mil).

Battery Mineral Resources Cash And Cash Equivalents Historical Data

The historical data trend for Battery Mineral 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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Battery Mineral Resources Cash And Cash Equivalents Chart

Battery Mineral Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.26

4.17

2.63

4.25

0.89

Battery Mineral Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial														-	0.89	0.89	7.67	1.82

Battery Mineral 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.

Battery Mineral Resources (TSXV:BMR) 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.

Battery Mineral Resources Cash And Cash Equivalents Related Terms

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Battery Mineral Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battery Mineral Resources Corp (TSXV:BMR) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

BTRMF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.bmrcorp.com

Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The Company operates in three segments, one segment being the acquisition and exploration of exploration and evaluations assets located in Canada, the United States, Chile, and South Korea and the second segment for the operations of ESI, located in Canada and the United States and the third segment being the corporate head office located in Canada.

Executives