Inspiration Energy (XCNQ:ISP) Cash And Cash Equivalents : C$0.02 Mil (As of Jan. 2025)

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What is Inspiration Energy Cash And Cash Equivalents?

Inspiration Energy's quarterly cash and cash equivalents increased from Jul. 2024 (C$0.02 Mil) to Oct. 2024 (C$0.10 Mil) but then stayed the same from Oct. 2024 (C$0.10 Mil) to Jan. 2025 (C$0.02 Mil).

Inspiration Energy's annual cash and cash equivalents declined from Apr. 2022 (C$0.21 Mil) to Apr. 2023 (C$0.17 Mil) and declined from Apr. 2023 (C$0.17 Mil) to Apr. 2024 (C$0.00 Mil).

Inspiration Energy Cash And Cash Equivalents Historical Data

The historical data trend for Inspiration Energy'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.

Inspiration Energy Cash And Cash Equivalents Chart

Inspiration Energy Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Cash And Cash Equivalents

0.07

0.21

0.17

Inspiration Energy Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash And Cash Equivalents	Get a 7-Day Free Trial												-	-	0.02	0.10	0.02

Inspiration Energy 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.

Inspiration Energy (XCNQ:ISP) 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.

Inspiration Energy Cash And Cash Equivalents Related Terms

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Inspiration Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inspiration Energy Corp (XCNQ:ISP) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

UZ9:Germany

Address

789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2

Website

https://www.inspiration.energy

Inspiration Energy Corp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop properties of merit and to conduct exploration on the company's properties. Its projects portfolio includes Plateau, Ledge, Bentley, Maraschino, and Stockwork.

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