Lion Copper and Gold (TSXV:LEO) Cash And Cash Equivalents : C$14.75 Mil (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is Lion Copper and Gold Cash And Cash Equivalents?

Lion Copper and Gold's quarterly cash and cash equivalents declined from Sep. 2023 (C$6.73 Mil) to Dec. 2023 (C$3.10 Mil) but then increased from Dec. 2023 (C$3.10 Mil) to Mar. 2024 (C$14.75 Mil).

Lion Copper and Gold's annual cash and cash equivalents increased from Dec. 2021 (C$1.08 Mil) to Dec. 2022 (C$1.85 Mil) and increased from Dec. 2022 (C$1.85 Mil) to Dec. 2023 (C$3.10 Mil).

Lion Copper and Gold Cash And Cash Equivalents Historical Data

The historical data trend for Lion Copper and 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.

* Premium members only.

Lion Copper and Gold Cash And Cash Equivalents Chart

Lion Copper and Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.39

0.90

1.08

1.85

3.10

Lion Copper and Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															14.50	9.46	6.73	3.10	14.75

Lion Copper and 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.

Lion Copper and Gold (TSXV:LEO) 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.

Lion Copper and Gold Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Lion Copper and Gold's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Lion Copper and Gold (TSXV:LEO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Copper and Gold Corp (TSXV:LEO) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LCGMF:USA QR20:Germany

Address

143 S Nevada St, Yerington, NV, USA, 89447

Website

https://www.lioncg.com

Lion Copper and Gold Corp is a Canadian mineral exploration company that is engaged in the acquisition, exploration, and development of copper projects in Nevada, Alaska, and Montana in the United States and British Columbia, Canada.

Executives

Tony Lee Alford

10% Security Holder

Lion Copper and Gold (TSXV:LEO) Headlines

From GuruFocus

UBS Group AG's Recent Transaction in BNY Mellon Strategic Municipals, Inc.

By GuruFocus Research • 07-14-2023

BNY Mellon Strategic Muncipals, Inc. (NYSE: LEO) Declares Distribution and Announces Reduction in Monthly Distribution Amount

By Business Wire Business Wire • 11-01-2021

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

By Business Wire Business Wire • 01-29-2021

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

By Business Wire Business Wire • 09-29-2021

Chuck E Cheese and Market IPOs

By Thomas Macpherson Thomas Macpherson • 07-14-2019