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

Bravo Mining (TSXV:BRVO) Cash And Cash Equivalents : C$40.05 Mil (As of Mar. 2024)


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

What is Bravo Mining Cash And Cash Equivalents?

Bravo Mining's quarterly cash and cash equivalents declined from Sep. 2023 (C$49.78 Mil) to Dec. 2023 (C$43.21 Mil) but then stayed the same from Dec. 2023 (C$43.21 Mil) to Mar. 2024 (C$40.05 Mil).

Bravo Mining's annual cash and cash equivalents increased from Dec. 2021 (C$0.13 Mil) to Dec. 2022 (C$39.98 Mil) and increased from Dec. 2022 (C$39.98 Mil) to Dec. 2023 (C$43.21 Mil).

Bravo Mining Cash And Cash Equivalents Historical Data

The historical data trend for Bravo Mining'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.

Bravo Mining Cash And Cash Equivalents Chart

Bravo Mining Annual Data
Trend Dec21 Dec22 Dec23
Cash And Cash Equivalents
0.13 39.98 43.21

Bravo Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.43 53.48 49.78 43.21 40.05

Bravo Mining 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.

Bravo Mining  (TSXV:BRVO) 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.

Bravo Mining Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Bravo Mining's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Bravo Mining (TSXV:BRVO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bravo Mining Corp (TSXV:BRVO) » Definitions » Cash And Cash Equivalents
Comparable Companies
TSX:PPTA TSX:NUAG TSX:GGD TSXV:GBU TSXV:MTA TSXV:ABRA TSX:PTM TSX:LUC TSX:VOXR TSXV:CKG ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH
Traded in Other Exchanges
BRVMF:USA
Address
Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, BRA, 22631-350
Website
https://www.bravomining.com
Bravo Mining Corp is an intermediate-stage mineral exploration company focused on the exploration and development of the Luanga Project. The Luanga Project is an intermediate-stage PGE including palladium, platinum, rhodium, gold, and nickel exploration project located in Carajss, Para State, Brazil.
Executives
Luis Azevedo 10% Security Holder, Director, Senior Officer