Molten Metals (XCNQ:MOLT) Cash, Cash Equivalents, Marketable Securities : C$0.09 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Molten Metals Cash, Cash Equivalents, Marketable Securities?

Molten Metals's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (C$0.17 Mil) to Dec. 2023 (C$0.01 Mil) but then increased from Dec. 2023 (C$0.01 Mil) to Mar. 2024 (C$0.09 Mil).

Molten Metals's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$0.98 Mil) to Dec. 2022 (C$0.48 Mil) and declined from Dec. 2022 (C$0.48 Mil) to Dec. 2023 (C$0.01 Mil).

Molten Metals Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Molten Metals'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.

* Premium members only.

Molten Metals Cash, Cash Equivalents, Marketable Securities Chart

Molten Metals Annual Data

Trend

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.98

0.48

0.01

Molten Metals Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial						0.32	0.22	0.17	0.01	0.09

Molten Metals 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.

Molten Metals (XCNQ:MOLT) 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.

Molten Metals Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Molten Metals's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Molten Metals (XCNQ:MOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Molten Metals Corp (XCNQ:MOLT) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.moltenmetalscorp.com

Molten Metals Corp is a mineral resource company engaged in the acquisition and exploration of mineral properties, with a focus on critical metal projects, particularly Antimony and Tin. The company's principal mineral project is the West Gore Antimony/Gold Property situated in Nova Scotia. It has two geographically reportable operating segments focused on the acquisition and exploration of mineral properties in Canada and Slovakia.

Executives

Rana Gurvinder Vig

Director

Molten Metals (XCNQ:MOLT) Headlines

No Headlines