FRSH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
FRSH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Freshworks's quarterly cash and cash equivalents increased from Sep. 2023 ($458.25 Mil) to Dec. 2023 ($488.12 Mil) but then stayed the same from Dec. 2023 ($488.12 Mil) to Mar. 2024 ($468.02 Mil).
Freshworks's annual cash and cash equivalents declined from Dec. 2021 ($747.86 Mil) to Dec. 2022 ($304.08 Mil) but then increased from Dec. 2022 ($304.08 Mil) to Dec. 2023 ($488.12 Mil).
The historical data trend for Freshworks'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.
Freshworks Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Cash And Cash Equivalents | 75.00 | 95.38 | 747.86 | 304.08 | 488.12 |
Freshworks Quarterly Data | |||||||||||||||||
Dec19 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash And Cash Equivalents | Get a 7-Day Free Trial | 344.49 | 356.22 | 458.25 | 488.12 | 468.02 |
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.
Freshworks (NAS:FRSH) 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.
Thank you for viewing the detailed overview of Freshworks's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.
Jennifer H Taylor | director | C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403 |
Johanna Flower | director | C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403 |
Roxanne S Austin | director | 200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245 |
Barry L. Padgett | director | CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052 |
Srinivasagopalan Ramamurthy | officer: Chief Product Officer | C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281 |
Zachary Nelson | director | C/O NETWORK ASSOCIATES, INC, 3965 FREEDOM CIRCLE, SANTA CLARA CA 95054 |
Rathnagirish Mathrubootham | director, officer: Chief Executive Officer | C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403 |
Tyler Sloat | officer: Chief Financial Officer | C/O FRESHWORKS INC, 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403 |
Pradeep Rathinam | officer: Chief Revenue Officer | C/O FRESHWORKS INC., 2950 S. DELAWARE ST., SUITE 201, SAN MATEO CA 94403 |
Francis J. Pelzer | director | CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052 |
Stacey Epstein | officer: Chief Marketing Officer | C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403 |
Westbridge Crossover Fund, Llc | 10 percent owner | C/O CITCO (MAURITIUS) LIMITED, 4TH FLOOR, TOWER A, 1 CYBERCITY, EBENE O4 00000 |
Sandeep Singhal | 10 percent owner | 301, 3RD FLOOR, CAMPUS 6A, RMZ ECOWORLD, SARJAPUR-MARATHAHALLI, OUTER RING ROAD, BANGALORE K7 560103 |
Sumir Chadha | 10 percent owner | 520 S. EL CAMINO REAL, SUITE 900, SAN MATEO CA 94402 |
Westbridge Capital Management, Llc | 10 percent owner | APEX HOUSE, BANK STREET, TWENTYEIGHT CYBERCITY, EBENE O4 72201 |
From GuruFocus
By GuruFocus Research • 12-17-2023
By GuruFocus Research • 09-16-2023
By Marketwired • 06-21-2023
By sperokesalga sperokesalga • 06-21-2023
By GuruFocus Research • 01-04-2024
By Marketwired • 09-28-2023
By PRNewswire • 01-04-2024
By GuruFocus Research • 09-14-2023
By Marketwired • 07-06-2023
By Marketwired • 09-26-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.