Walker River Resources (Walker River Resources) Cash And Cash Equivalents : $0.25 Mil (As of Feb. 2024)

Walker River Resources Cash And Cash Equivalents Chart

Walker River Resources Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Cash And Cash Equivalents		Get a 7-Day Free Trial					0.45	2.42	1.16	0.51	0.40

Walker River Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.33	0.43	0.31	0.40	0.25

Walker River 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.

Walker River Resources  (OTCPK:WRRZF) 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.

Walker River Resources Cash And Cash Equivalents Related Terms

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

Walker River Resources (Walker River Resources) Business Description