RE Royalties (TSXV:RE) Cash, Cash Equivalents, Marketable Securities : C$14.44 Mil (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is RE Royalties Cash, Cash Equivalents, Marketable Securities?

RE Royalties's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 (C$17.86 Mil) to Sep. 2023 (C$15.23 Mil) but then stayed the same from Sep. 2023 (C$15.23 Mil) to Dec. 2023 (C$14.44 Mil).

RE Royalties's annual cash, cash equivalents, marketable securities declined from Dec. 2021 (C$20.10 Mil) to Dec. 2022 (C$7.58 Mil) but then increased from Dec. 2022 (C$7.58 Mil) to Dec. 2023 (C$14.44 Mil).

RE Royalties Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for RE Royalties's Cash, Cash Equivalents, Marketable Securities 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.

RE Royalties Cash, Cash Equivalents, Marketable Securities Chart

RE Royalties Annual Data

Trend

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

Get a 7-Day Free Trial

4.05

11.71

20.10

7.58

14.44

RE Royalties Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															8.35	7.58	17.86	15.23	14.44

RE Royalties Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

RE Royalties (TSXV:RE) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

RE Royalties Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of RE Royalties's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

RE Royalties (TSXV:RE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » RE Royalties Ltd (TSXV:RE) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

RROYF:USA

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.reroyalties.com

RE Royalties Ltd is engaged in the acquisition of revenue-based royalties from renewable energy generation facilities and other clean energy technologies by providing a non-dilutive royalty financing solution to privately held and publicly traded renewable energy generation and development companies and clean energy technology companies. Its solutions provide a non-dilutive, flexible, and low-cost financing alternative that allows its clients to free up capital in order to grow their businesses.

Executives

Bernard Tan

Director, Senior Officer

RE Royalties (TSXV:RE) Headlines

No Headlines