Rover Critical Minerals (TSXV:ROVR) Cash And Cash Equivalents : C$0.06 Mil (As of Mar. 2024)

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What is Rover Critical Minerals Cash And Cash Equivalents?

Rover Critical Minerals's quarterly cash and cash equivalents declined from Sep. 2023 (C$0.45 Mil) to Dec. 2023 (C$0.20 Mil) but then stayed the same from Dec. 2023 (C$0.20 Mil) to Mar. 2024 (C$0.06 Mil).

Rover Critical Minerals's annual cash and cash equivalents declined from Dec. 2021 (C$0.64 Mil) to Dec. 2022 (C$0.10 Mil) but then increased from Dec. 2022 (C$0.10 Mil) to Dec. 2023 (C$0.20 Mil).

Rover Critical Minerals Cash And Cash Equivalents Historical Data

The historical data trend for Rover Critical Minerals'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.

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Rover Critical Minerals Cash And Cash Equivalents Chart

Rover Critical Minerals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.33

0.64

0.10

0.20

Rover Critical Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.10	0.16	0.45	0.20	0.06

Rover Critical Minerals 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.

Rover Critical Minerals (TSXV:ROVR) 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.

Rover Critical Minerals Cash And Cash Equivalents Related Terms

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Rover Critical Minerals (TSXV:ROVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rover Critical Minerals Corp (TSXV:ROVR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ROVMF:USA 4XO0:Germany

Address

938 Howe Street, Suite 908, Vancouver, BC, CAN, V6Z 1N9

Website

https://www.rovermetals.com

Rover Metals Corp is a Canadian natural resource exploration company specializing in precious metal resources located in North America. The company is focused on gold exploration. Its projects include Up Town Gold Property, Cabin Lake Property, Tobin Gold Property, and Camp and Slemon Gold Properties.

Executives

Richard Judson Culter

10% Security Holder, Director, Senior Officer