VULNF (Vulcan Energy Resources) Cash And Cash Equivalents : $65.21 Mil (As of Jun. 2024)

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What is Vulcan Energy Resources Cash And Cash Equivalents?

Vulcan Energy Resources's quarterly cash and cash equivalents declined from Jun. 2023 ($159.96 Mil) to Dec. 2023 ($85.85 Mil) but then stayed the same from Dec. 2023 ($85.85 Mil) to Jun. 2024 ($65.21 Mil).

Vulcan Energy Resources's annual cash and cash equivalents increased from Jun. 2021 ($87.25 Mil) to Jun. 2022 ($185.43 Mil) but then declined from Jun. 2022 ($185.43 Mil) to Dec. 2023 ($85.85 Mil).

Vulcan Energy Resources Cash And Cash Equivalents Historical Data

The historical data trend for Vulcan Energy 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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Vulcan Energy Resources Cash And Cash Equivalents Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

Cash And Cash Equivalents

2.33

4.42

87.25

185.43

85.85

Vulcan Energy Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial							185.43	142.06	159.96	85.85	65.21

Vulcan Energy 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.

Vulcan Energy Resources (OTCPK:VULNF) 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.

Vulcan Energy Resources Cash And Cash Equivalents Related Terms

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Vulcan Energy Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vulcan Energy Resources Ltd (OTCPK:VULNF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

VUL:Germany VUL:Australia

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.