Emperor Metals (XCNQ:AUOZ) Cash And Cash Equivalents : C$1.28 Mil (As of Oct. 2023)

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What is Emperor Metals Cash And Cash Equivalents?

Emperor Metals's quarterly cash and cash equivalents increased from Apr. 2023 (C$2.35 Mil) to Jul. 2023 (C$2.51 Mil) but then stayed the same from Jul. 2023 (C$2.51 Mil) to Oct. 2023 (C$1.28 Mil).

Emperor Metals's annual cash and cash equivalents declined from Jan. 2021 (C$1.82 Mil) to Jan. 2022 (C$1.07 Mil) but then increased from Jan. 2022 (C$1.07 Mil) to Jan. 2023 (C$2.83 Mil).

Emperor Metals Cash And Cash Equivalents Historical Data

The historical data trend for Emperor Metals'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.

Emperor Metals Cash And Cash Equivalents Chart

Emperor Metals Annual Data

Trend

Jan21

Jan22

Jan23

Cash And Cash Equivalents

1.82

1.07

2.83

Emperor Metals Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial							0.60	2.83	2.35	2.51	1.28

Emperor Metals 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.

Emperor Metals (XCNQ:AUOZ) 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.

Emperor Metals Cash And Cash Equivalents Related Terms

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Emperor Metals (XCNQ:AUOZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Emperor Metals Inc (XCNQ:AUOZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

EMAUF:USA 9NH:Germany

Address

10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9

Website

https://www.emperormetals.com

Emperor Metals Inc is engaged in the business of mineral exploration in Ontario. It is focused on proving the potential of Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt of Ontario, Canada.

Executives

John Florek

Director, Senior Officer

Emperor Metals (XCNQ:AUOZ) Headlines

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