GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Tellurium Corp (XCNQ:FTEL) » Definitions » Cash And Cash Equivalents

First Tellurium (XCNQ:FTEL) Cash And Cash Equivalents : C$0.04 Mil (As of Jan. 2024)


View and export this data going back to 2005. Start your Free Trial

What is First Tellurium Cash And Cash Equivalents?

First Tellurium's quarterly cash and cash equivalents increased from Jul. 2023 (C$0.19 Mil) to Oct. 2023 (C$0.28 Mil) but then stayed the same from Oct. 2023 (C$0.28 Mil) to Jan. 2024 (C$0.04 Mil).

First Tellurium's annual cash and cash equivalents increased from Jul. 2021 (C$0.00 Mil) to Jul. 2022 (C$1.01 Mil) but then declined from Jul. 2022 (C$1.01 Mil) to Jul. 2023 (C$0.19 Mil).

First Tellurium Cash And Cash Equivalents Historical Data

The historical data trend for First Tellurium'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.

First Tellurium Cash And Cash Equivalents Chart

First Tellurium Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.12 - 1.01 0.19

First Tellurium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.35 0.86 0.19 0.28 0.04

First Tellurium 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.

First Tellurium  (XCNQ:FTEL) 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.

First Tellurium Cash And Cash Equivalents Related Terms

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

First Tellurium (XCNQ:FTEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Tellurium Corp (XCNQ:FTEL) » Definitions » Cash And Cash Equivalents
Comparable Companies
TSXV:ACS XCNQ:NVRO TSXV:ENDR TSXV:SGO TSXV:RLYG TSXV:SNG XCNQ:CUAU TSXV:FRED XCNQ:COMT TSXV:PEX ISX:AMMN JSE:AMS SZSE:000975 MIC:ALRS LSE:FRES JSE:IMP ISX:MBMA LIM:BUENAVC1 TSX:TFPM HL
Traded in Other Exchanges
FSTTF:USA G1J:Germany
Address
1440 Garden Place, Suite 381, Delta, BC, CAN, V4M 3Z2
Website
https://www.firsttellurium.com
First Tellurium Corp, formerly Deer Horn Capital Inc is a Canadian-based exploration company. It engaged in exploring for and providing, essential and critical metals (Te, Au, Ag, Cu, W). The company holds two projects Deerhorn property and the Colorado Klondike property. The Company operates in one business segment being the acquisition and exploration of exploration and evaluation assets in Canada and the United States.
Executives
Tyrone Mark Docherty Director