Newterra Resources (XCNQ:NT) Cash And Cash Equivalents : C$0.05 Mil (As of Jan. 2025)

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What is Newterra Resources Cash And Cash Equivalents?

Newterra Resources's quarterly cash and cash equivalents declined from Jul. 2024 (C$0.07 Mil) to Oct. 2024 (C$0.05 Mil) but then stayed the same from Oct. 2024 (C$0.05 Mil) to Jan. 2025 (C$0.05 Mil).

Newterra Resources's annual cash and cash equivalents increased from Oct. 2022 (C$0.00 Mil) to Oct. 2023 (C$0.05 Mil) and increased from Oct. 2023 (C$0.05 Mil) to Oct. 2024 (C$0.05 Mil).

Newterra Resources Cash And Cash Equivalents Historical Data

The historical data trend for Newterra 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.

* Premium members only.

Newterra Resources Cash And Cash Equivalents Chart

Newterra Resources Annual Data

Trend

Oct21

Oct22

Oct23

Oct24

Cash And Cash Equivalents

0.05

Newterra Resources Quarterly Data
	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Cash And Cash Equivalents	Get a 7-Day Free Trial								0.14	0.11	0.07	0.05	0.05

Newterra 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.

Newterra Resources (XCNQ:NT) 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.

Newterra Resources Cash And Cash Equivalents Related Terms

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Newterra Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newterra Resources Inc (XCNQ:NT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

203B Street, Suite 9285, Langley, BC, CAN, V1M 2L9

Website

https://www.newterraresources.com

Newterra Resources Inc is engaged in the acquisition and exploration of mineral properties in Canada. The property consists of the Iron Horse, Bolivar and Silver King claims. The claims were located to cover high grade gold mineralization discovered by the drilling and the sampling of known surface showings.

Executives

Matthew Coltura	Director
Darren Blaney	10% Security Holder, Director, Senior Officer

Newterra Resources Headlines

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