Inca One Gold (TSXV:INCA) Cash And Cash Equivalents : C$1.68 Mil (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Inca One Gold Cash And Cash Equivalents?

Inca One Gold's quarterly cash and cash equivalents declined from Jul. 2023 (C$1.52 Mil) to Oct. 2023 (C$1.30 Mil) but then increased from Oct. 2023 (C$1.30 Mil) to Jan. 2024 (C$1.68 Mil).

Inca One Gold's annual cash and cash equivalents declined from Apr. 2021 (C$2.45 Mil) to Apr. 2022 (C$1.98 Mil) and declined from Apr. 2022 (C$1.98 Mil) to Apr. 2023 (C$1.03 Mil).

Inca One Gold Cash And Cash Equivalents Historical Data

The historical data trend for Inca One Gold'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.

Inca One Gold Cash And Cash Equivalents Chart

Inca One Gold Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Cash And Cash Equivalents

Get a 7-Day Free Trial

2.44

5.26

2.45

1.98

1.03

Inca One Gold 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															2.04	1.03	1.52	1.30	1.68

Inca One Gold 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.

Inca One Gold (TSXV:INCA) 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.

Inca One Gold Cash And Cash Equivalents Related Terms

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

Inca One Gold (TSXV:INCA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inca One Gold Corp (TSXV:INCA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

INCAF:USA SU92:Germany

Address

1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1

Website

https://www.incaone.com

Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.

Inca One Gold (TSXV:INCA) Headlines

No Headlines