Mineral Commodities (ASX:MRC) Ending Cash Position: A$0.87 Mil (As of Jun. 2024)

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What is Mineral Commodities Ending Cash Position?

Mineral Commodities ASX:MRC Ending Cash Position is A$0.87 Mil as of Jun. 2024.

Mineral Commodities's Ending Cash Position for the quarter that ended in Jun. 2024 was A$0.87 Mil.

Mineral Commodities's quarterly Ending Cash Position declined from Jun. 2023 (A$5.56 Mil) to Dec. 2023 (A$1.13 Mil) and declined from Dec. 2023 (A$1.13 Mil) to Jun. 2024 (A$0.87 Mil).

Mineral Commodities's annual Ending Cash Position declined from Dec. 2021 (A$4.25 Mil) to Dec. 2022 (A$1.14 Mil) and declined from Dec. 2022 (A$1.14 Mil) to Dec. 2023 (A$1.13 Mil).

Mineral Commodities Ending Cash Position Related Terms

Mineral Commodities Ending Cash Position Historical Data

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The historical data trend for Mineral Commodities's Ending Cash Position 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.

Mineral Commodities Ending Cash Position Chart

Mineral Commodities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.64 4.25 1.14 1.13 1.12

Mineral Commodities Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.14 5.56 1.13 0.87 1.12

Mineral Commodities Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Mineral Commodities's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=1.143+-0.013
=1.13

Mineral Commodities's Ending Cash Position for the quarter that ended in Jun. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=1.13+-0.258
=0.87

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of A$0.87 Mil mean?
Mineral Commodities (ASX:MRC) has a Ending Cash Position of A$0.87 Mil as of Jun. 2024. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Mineral Commodities and its competitors.
Is Mineral Commodities' Ending Cash Position too high?
Mineral Commodities' current Ending Cash Position is A$0.87 Mil.
How does Mineral Commodities' Ending Cash Position compare to competitors?
Mineral Commodities' Ending Cash Position of A$0.87 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for a Metals & Mining company?
A good Ending Cash Position depends on the Metals & Mining industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Mineral Commodities and its competitors. Mineral Commodities's current Ending Cash Position is A$0.87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Ending Cash Position of A$0.87 Mil. The current Ending Cash Position is A$0.87 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Mineral Commodities (ASX:MRC), the current Ending Cash Position is A$0.87 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mineral Commodities Business Description

Address 161 Great Eastern Highway, Level 2, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.