Grosvenor CPC I (TSXV:GRVA.P) Cash And Cash Equivalents : C$0.10 Mil (As of Jan. 2024)

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What is Grosvenor CPC I Cash And Cash Equivalents?

Grosvenor CPC I's quarterly cash and cash equivalents declined from Jul. 2023 (C$0.13 Mil) to Oct. 2023 (C$0.11 Mil) but then stayed the same from Oct. 2023 (C$0.11 Mil) to Jan. 2024 (C$0.10 Mil).

Grosvenor CPC I's annual cash and cash equivalents increased from . 20 (C$0.00 Mil) to Apr. 2022 (C$1.54 Mil) but then declined from Apr. 2022 (C$1.54 Mil) to Apr. 2023 (C$0.13 Mil).

Grosvenor CPC I Cash And Cash Equivalents Historical Data

The historical data trend for Grosvenor CPC I'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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Grosvenor CPC I Cash And Cash Equivalents Chart

Grosvenor CPC I Annual Data

Trend

Apr22

Apr23

Cash And Cash Equivalents

1.54

0.13

Grosvenor CPC I Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial					1.44	0.13	0.13	0.11	0.10

Grosvenor CPC I 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.

Grosvenor CPC I (TSXV:GRVA.P) 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.

Grosvenor CPC I Cash And Cash Equivalents Related Terms

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Grosvenor CPC I (TSXV:GRVA.P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Grosvenor CPC I Inc (TSXV:GRVA.P) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Place Ville Marie, Suite 1670, Montreal, QC, CAN, H3B 2B6

Website

Grosvenor CPC I Inc is a capital pool company.

Grosvenor CPC I (TSXV:GRVA.P) Headlines

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