Copper 360 (JSE:CPR) Cash, Cash Equivalents, Marketable Securities : R0.14 Mil (As of Aug. 2024)

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What is Copper 360 Cash, Cash Equivalents, Marketable Securities?

Copper 360's quarterly cash, cash equivalents, marketable securities increased from Aug. 2023 (R8.20 Mil) to Feb. 2024 (R22.13 Mil) but then stayed the same from Feb. 2024 (R22.13 Mil) to Aug. 2024 (R0.14 Mil).

Copper 360's annual cash, cash equivalents, marketable securities declined from Feb. 2022 (R0.30 Mil) to Feb. 2023 (R0.00 Mil) but then increased from Feb. 2023 (R0.00 Mil) to Feb. 2024 (R22.13 Mil).

Copper 360 Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Copper 360's Cash, Cash Equivalents, Marketable Securities 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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Copper 360 Cash, Cash Equivalents, Marketable Securities Chart

Copper 360 Annual Data

Trend

Feb22

Feb23

Feb24

Cash, Cash Equivalents, Marketable Securities

0.30

22.13

Copper 360 Semi-Annual Data
	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	-	8.20	22.13	0.14

Copper 360 Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Copper 360 (JSE:CPR) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Copper 360 Cash, Cash Equivalents, Marketable Securities Related Terms

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Copper 360 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper 360 Ltd (JSE:CPR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Main Road, Nababeep, Nababeep, NC, ZAF, 8265

Website

https://www.copper360.co.za

Copper 360 Ltd is focused on processing historically mined copper rock dumps through a process of environmental clean-up, and mining surface and shallow copper resources. The group's operations are based in the Northern Cape province of South Africa.

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