VTMLF (Critica) Cash And Cash Equivalents : $3.69 Mil (As of Dec. 2024)

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What is Critica Cash And Cash Equivalents?

Critica's quarterly cash and cash equivalents declined from Dec. 2023 ($1.39 Mil) to Jun. 2024 ($1.09 Mil) but then increased from Jun. 2024 ($1.09 Mil) to Dec. 2024 ($3.69 Mil).

Critica's annual cash and cash equivalents declined from Jun. 2022 ($6.63 Mil) to Jun. 2023 ($2.11 Mil) and declined from Jun. 2023 ($2.11 Mil) to Jun. 2024 ($1.09 Mil).

Critica Cash And Cash Equivalents Historical Data

The historical data trend for Critica'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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Critica Cash And Cash Equivalents Chart

Critica Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash And Cash Equivalents

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0.67

7.25

6.63

2.11

1.09

Critica Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.55	2.11	1.39	1.09	3.69

Critica 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.

Critica (OTCPK:VTMLF) 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.

Critica Cash And Cash Equivalents Related Terms

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Critica Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Critica Ltd (OTCPK:VTMLF) » Definitions » Cash And Cash Equivalents

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CRI:Australia

Address

16 Altona Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.critica.limited

Critica Ltd is dedicated to discovering and developing critical mineral deposits to feed global demand for the minerals that are vital to modern technology and the green energy transition. The company is advancing Jupiter and the Brothers Project, which is strategically located in a mining precinct in Western Australia. Discovered in late 2023, the clay-hosted, rare-earth project is just 250Km east of the port at Geraldton. It boasts high grades of total rare earth oxides combined with an incredibly low prevalence of thorium and uranium across the significant area of the discovery.

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