Great Southern Copper (LSE:GSCU) Cash, Cash Equivalents, Marketable Securities : £0.44 Mil (As of Sep. 2024)

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What is Great Southern Copper Cash, Cash Equivalents, Marketable Securities?

Great Southern Copper's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 (£0.34 Mil) to Mar. 2024 (£0.50 Mil) but then stayed the same from Mar. 2024 (£0.50 Mil) to Sep. 2024 (£0.44 Mil).

Great Southern Copper's annual cash, cash equivalents, marketable securities declined from Mar. 2022 (£2.75 Mil) to Mar. 2023 (£0.65 Mil) and declined from Mar. 2023 (£0.65 Mil) to Mar. 2024 (£0.50 Mil).

Great Southern Copper Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Great Southern Copper'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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Great Southern Copper Cash, Cash Equivalents, Marketable Securities Chart

Great Southern Copper Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Cash, Cash Equivalents, Marketable Securities

0.05

2.75

0.65

0.50

Great Southern Copper Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			2.00	0.65	0.34	0.50	0.44

Great Southern Copper 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.

Great Southern Copper (LSE:GSCU) 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.

Great Southern Copper Cash, Cash Equivalents, Marketable Securities Related Terms

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Great Southern Copper Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Great Southern Copper PLC (LSE:GSCU) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

N/A

Address

London Wall, Salisbury House, London, GBR, EC2M 5PS

Website

https://www.gscplc.com

Great Southern Copper PLC is a copper exploration company that aims to generate shareholder value through the successful exploration and discovery of large-scale porphyry copper-gold deposits from its projects located in the underexplored coastal copper belt of northern Chile. The Group has two reportable segments, exploration and corporate. It has two main project sites based on its current license portfolio, San Lorenzo, Especularita, and Monti Lithium located in Chile.

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