NKRSF (Niko Resources) Ending Cash Position: $5.11 Mil (As of Dec. 2018)

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What is Niko Resources Ending Cash Position?

Niko Resources NKRSF -90.00% Ending Cash Position is $5.11 Mil as of Dec. 2018.

Niko Resources's Ending Cash Position for the quarter that ended in Dec. 2018 was $5.11 Mil.

Niko Resources's quarterly Ending Cash Position declined from Jun. 2018 ($10.20 Mil) to Sep. 2018 ($3.63 Mil) but then increased from Sep. 2018 ($3.63 Mil) to Dec. 2018 ($5.11 Mil).

Niko Resources's annual Ending Cash Position declined from Mar. 2016 ($37.07 Mil) to Mar. 2017 ($11.39 Mil) and declined from Mar. 2017 ($11.39 Mil) to Mar. 2018 ($2.81 Mil).

Niko Resources Ending Cash Position Related Terms

Niko Resources Ending Cash Position Historical Data

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The historical data trend for Niko Resources'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.

Niko Resources Ending Cash Position Chart

Niko Resources Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.48 59.64 37.07 11.39 2.81

Niko Resources Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 1.31 2.81 10.20 3.63 5.11

Niko Resources 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.

Niko Resources's Ending Cash Position for the fiscal year that ended in Mar. 2018 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=11.394+-8.585
=2.81

Niko Resources's Ending Cash Position for the quarter that ended in Dec. 2018 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=3.626+1.485
=5.11

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of $5.11 Mil mean?
Niko Resources (NKRSF) has a Ending Cash Position of $5.11 Mil as of Dec. 2018. 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 Niko Resources and its competitors.
Is Niko Resources' Ending Cash Position too high?
Niko Resources' current Ending Cash Position is $5.11 Mil.
How does Niko Resources' Ending Cash Position compare to SNECQ and PTCO?
Niko Resources' Ending Cash Position of $5.11 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Ending Cash Position depends on the Oil & Gas 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 Niko Resources and its competitors. Niko Resources's current Ending Cash Position is $5.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niko Resources stock overvalued right now?
Niko Resources (NKRSF) has a current Ending Cash Position of $5.11 Mil. The current Ending Cash Position is $5.11 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 Niko Resources (NKRSF), the current Ending Cash Position is $5.11 Mil as of Dec. 2018. 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.

Niko Resources Business Description

Industry EnergyOil & Gas
Address 205 - 5th Avenue SW, Suite 2700, Calgary, AB, CAN, T2P 3G6
Niko Resources Ltd is an oil and natural gas exploration and production company.