Volatus Capital (XCNQ:VC) Cash And Cash Equivalents : C$0.00 Mil (As of Oct. 2023)

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What is Volatus Capital Cash And Cash Equivalents?

Volatus Capital's quarterly cash and cash equivalents declined from Apr. 2023 (C$0.01 Mil) to Jul. 2023 (C$0.00 Mil) but then stayed the same from Jul. 2023 (C$0.00 Mil) to Oct. 2023 (C$0.00 Mil).

Volatus Capital's annual cash and cash equivalents increased from Jan. 2021 (C$0.00 Mil) to Jan. 2022 (C$0.01 Mil) but then declined from Jan. 2022 (C$0.01 Mil) to Jan. 2023 (C$0.00 Mil).

Volatus Capital Cash And Cash Equivalents Historical Data

The historical data trend for Volatus Capital'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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Volatus Capital Cash And Cash Equivalents Chart

Volatus Capital Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Cash And Cash Equivalents

0.13

0.02

0.01

Volatus Capital Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.09	-	0.01	-	-

Volatus Capital 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.

Volatus Capital (XCNQ:VC) 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.

Volatus Capital Cash And Cash Equivalents Related Terms

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Volatus Capital (XCNQ:VC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volatus Capital Corp (XCNQ:VC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

VOY0:Germany

Address

733 Seymour Street, Suite 2900, PO Box 1, Vancouver Centre II, Vancouver, BC, CAN, V6B 0S6

Website

https://volatuscapitalcorp.com

Volatus Capital Corp is engaged in the business of acquiring and exploring mineral resource properties in Canada. The company holds an interest in the Sunset Copper Star Project and the Split Dome Copper Project. The Company has two operating segments: the exploration and evaluation assets in Canada and its investment in Leigh Creek Magnesite Proprietary Limited.

Executives

Martin Alexander Wurm

10% Security Holder