Ero Copper (ERO) Beginning Cash Balance (2020 - 2024)
Ero Copper's Beginning Cash Balance was $426.23 million in Q1 2024, up 2.0% from $418.06 million a year earlier and up 2.0% from the prior quarter.
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Analysis
Ero Copper (ERO) Beginning Cash Balance (2020 - 2024) Analysis & Trends
For FY2023, Beginning Cash Balance at Ero Copper came in at $418.06 million, up 605.6% from FY2022.
- Beginning Cash Balance shows a three-year compound annual growth rate of 37.9% (FY2020 to FY2023).
- In earlier years, Beginning Cash Balance was $59.25 million in FY2022 (-64.8%), $168.1 million in FY2021 (+5.5%) and $159.37 million in FY2020.
- The Q1 2024 figure marks the highest quarterly Beginning Cash Balance in data going back to Q4 2020.
- Compared with a year earlier, Beginning Cash Balance has increased for five straight quarters, with growth averaging 327.8% over the last seven quarters.
- The best year-over-year quarter for Beginning Cash Balance over five years was Q4 2023 (growth of 605.6%); the worst was Q2 2022 (a decline of 64.8%).
- Per Business Quant data, ERO's Beginning Cash Balance in the three quarters before Q1 2024 was $418.06 million (Q4 2023), $418.06 million (Q3 2023) and $418.06 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nucor | 172.02 Bn | 161.79 Bn | 2.33 Bn |
| 2 | Rio Tinto | 168.15 Bn | 130.95 Bn | - |
| 3 | Southern Copper | 138.51 Bn | 113.33 Bn | 3.10 Bn |
| 4 | Rio Tinto | 134.73 Bn | 101.79 Bn | - |
| 5 | Newmont | 117.64 Bn | 82.96 Bn | 4.22 Bn |
| 6 | Ternium | 99.96 Bn | 72.72 Bn | 1.04 Bn |
| 7 | Agnico Eagle Mines | 89.22 Bn | 76.17 Bn | 2.15 Bn |
| 8 | Freeport-Mcmoran | 85.03 Bn | 81.69 Bn | 2.55 Bn |
| 9 | Barrick Mining | 63.01 Bn | 47.43 Bn | 2.71 Bn |
| 10 | Ero Copper | 3.03 Bn | 2.62 Bn | 169.56 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 426,233.00 |
| Dec 31, 2023 | 418.06 Mn |
| Sep 30, 2023 | 418.06 Mn |
| Jun 30, 2023 | 418.06 Mn |
| Mar 31, 2023 | 418.06 Mn |
| Dec 31, 2022 | 59.25 Mn |
| Sep 30, 2022 | 59.25 Mn |
| Jun 30, 2022 | 59.25 Mn |
| Mar 31, 2022 | 59.25 Mn |
| Dec 31, 2021 | 168.10 Mn |
| Jun 30, 2021 | 168,102.00 |
| Dec 31, 2020 | 159.37 Bn |
API Access
Ero Copper Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=ERO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "ERO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=ERO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();