First American Uranium (XCNQ:URM) Cash, Cash Equivalents, Marketable Securities : C$0.00 Mil (As of Mar. 2024)

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

What is First American Uranium Cash, Cash Equivalents, Marketable Securities?

First American Uranium's quarterly cash, cash equivalents, marketable securities declined from Sep. 2023 (C$0.02 Mil) to Dec. 2023 (C$0.00 Mil) but then stayed the same from Dec. 2023 (C$0.00 Mil) to Mar. 2024 (C$0.00 Mil).

First American Uranium's annual cash, cash equivalents, marketable securities increased from Dec. 2021 (C$0.01 Mil) to Dec. 2022 (C$0.06 Mil) but then declined from Dec. 2022 (C$0.06 Mil) to Dec. 2023 (C$0.00 Mil).

First American Uranium Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for First American Uranium'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.

First American Uranium Cash, Cash Equivalents, Marketable Securities Chart

First American Uranium Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

0.13

0.01

0.06

First American Uranium Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial								0.24	0.09	0.02	-	-

First American Uranium 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.

First American Uranium (XCNQ:URM) 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.

First American Uranium Cash, Cash Equivalents, Marketable Securities Related Terms

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

First American Uranium (XCNQ:URM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First American Uranium Inc (XCNQ:URM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

FAUMF:USA I0R:Germany

Address

1500, 1055 West Georgia Street, Vancouver, BC, CAN, V6E 4N7

Website

https://www.prosperityex.ca

First American Uranium Inc.. is engaged in the identification, acquisition, and exploration of mineral properties. The Company focuses on locating and developing economic precious and base metal properties of merit and conducting exploration programs on the Silver Lake and Red Basin Properties.

Executives

Tom Mccandless

Director

First American Uranium (XCNQ:URM) Headlines

No Headlines