Angkor Resources (TSXV:ANK) Cash And Cash Equivalents : C$0.38 Mil (As of Jan. 2024)

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What is Angkor Resources Cash And Cash Equivalents?

Angkor Resources's quarterly cash and cash equivalents increased from Jul. 2023 (C$0.06 Mil) to Oct. 2023 (C$0.12 Mil) and increased from Oct. 2023 (C$0.12 Mil) to Jan. 2024 (C$0.38 Mil).

Angkor Resources's annual cash and cash equivalents increased from Jul. 2021 (C$0.40 Mil) to Jul. 2022 (C$0.61 Mil) but then declined from Jul. 2022 (C$0.61 Mil) to Jul. 2023 (C$0.06 Mil).

Angkor Resources Cash And Cash Equivalents Historical Data

The historical data trend for Angkor Resources's Cash And Cash Equivalents 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.

Angkor Resources Cash And Cash Equivalents Chart

Angkor Resources Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Cash And Cash Equivalents

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0.37

1.59

0.40

0.61

0.06

Angkor Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.18	0.15	0.06	0.12	0.38

Angkor Resources Cash And Cash Equivalents 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.

Angkor Resources (TSXV:ANK) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Angkor Resources Cash And Cash Equivalents Related Terms

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Angkor Resources (TSXV:ANK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Angkor Resources Corp (TSXV:ANK) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

ANKOF:USA

Address

Box 153, Sexsmith, AB, CAN, T0H 3C0

Website

https://www.angkorresources.com

Angkor Resources Corp is engaged in the exploration and development of its mineral property interests and oil and gas interests. The firm focuses on mineral property interest located in the Kingdom of Cambodia in the provinces of Ratanakiri and Oudar Meanchey and Banteay Meanchey as well as pursuing oil and gas and other opportunities in Canada, Cambodia, and the Philippines. The company has five licenses including Banlung, Oyadao, Oyadao South, Andong Meas and Koan Nheak. The Company operates in one operating segment, which is the acquisition, exploration, and development of exploration property interests.

Executives

Delayne Weeks

Deemed Insider - 6 Months before becoming Insider

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