Frequency Exchange (TSXV:FREQ) Cash And Cash Equivalents : C$0.29 Mil (As of Sep. 2023)

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What is Frequency Exchange Cash And Cash Equivalents?

Frequency Exchange's quarterly cash and cash equivalents declined from Mar. 2023 (C$0.57 Mil) to Jun. 2023 (C$0.27 Mil) but then increased from Jun. 2023 (C$0.27 Mil) to Sep. 2023 (C$0.29 Mil).

Frequency Exchange's annual cash and cash equivalents declined from Oct. 2020 (C$0.44 Mil) to Oct. 2021 (C$0.39 Mil) but then increased from Oct. 2021 (C$0.39 Mil) to Dec. 2022 (C$0.96 Mil).

Frequency Exchange Cash And Cash Equivalents Historical Data

The historical data trend for Frequency Exchange'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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Frequency Exchange Cash And Cash Equivalents Chart

Frequency Exchange Annual Data

Trend

Oct20

Oct21

Dec22

Cash And Cash Equivalents

0.44

0.39

0.96

Frequency Exchange Quarterly Data
	Oct20	Jan21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial					1.42	0.96	0.57	0.27	0.29

Frequency Exchange 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.

Frequency Exchange (TSXV:FREQ) 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.

Frequency Exchange Cash And Cash Equivalents Related Terms

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Frequency Exchange (TSXV:FREQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Frequency Exchange Corp (TSXV:FREQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.frequencyexchangecorp.com

Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.

Executives

Stephen Davis

10% Security Holder, Director, Senior Officer