Horizon Copper (TSXV:HCU) Cash And Cash Equivalents : C$8.62 Mil (As of Mar. 2025)

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What is Horizon Copper Cash And Cash Equivalents?

Horizon Copper's quarterly cash and cash equivalents declined from Sep. 2024 (C$17.94 Mil) to Dec. 2024 (C$17.41 Mil) but then stayed the same from Dec. 2024 (C$17.41 Mil) to Mar. 2025 (C$8.62 Mil).

Horizon Copper's annual cash and cash equivalents declined from Dec. 2022 (C$44.42 Mil) to Dec. 2023 (C$24.51 Mil) and declined from Dec. 2023 (C$24.51 Mil) to Dec. 2024 (C$17.41 Mil).

Horizon Copper Cash And Cash Equivalents Historical Data

The historical data trend for Horizon Copper'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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Horizon Copper Cash And Cash Equivalents Chart

Horizon Copper Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

0.05

4.60

44.42

24.51

17.41

Horizon Copper Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial											22.22	19.25	17.94	17.41	8.62

Horizon Copper 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.

Horizon Copper (TSXV:HCU) 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.

Horizon Copper Cash And Cash Equivalents Related Terms

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Horizon Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Horizon Copper Corp (TSXV:HCU) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

HNCUF:USA

Address

733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 0S6

Website

https://www.horizoncopper.com

Horizon Copper Corp is a copper company holding non-operating interests in high-grade, low-cost copper assets. It holds a portfolio of copper assets including Antamina, 30% interest in the copper-gold Hod Maden project, and exposure to the Oyu Tolgoi copper mine through nearly 25% equity ownership.

Executives

John Philip Adrian Budreski	Director or Senior Officer of 10% Security Holder
Erfan Kazemi-esfahani	Director, Senior Officer
Nolan Allan Watson	Director

Horizon Copper Headlines

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