Frankly (Frankly) Cash, Cash Equivalents, Marketable Securities : $1.85 Mil (As of Sep. 2019)

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What is Frankly Cash, Cash Equivalents, Marketable Securities?

Frankly's quarterly cash, cash equivalents, marketable securities increased from Mar. 2019 ($2.19 Mil) to Jun. 2019 ($2.24 Mil) but then stayed the same from Jun. 2019 ($2.24 Mil) to Sep. 2019 ($1.85 Mil).

Frankly's annual cash, cash equivalents, marketable securities declined from Dec. 2016 ($6.05 Mil) to Dec. 2017 ($1.26 Mil) but then increased from Dec. 2017 ($1.26 Mil) to Dec. 2018 ($3.54 Mil).

Frankly Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Frankly'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.

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Frankly Cash, Cash Equivalents, Marketable Securities Chart

Frankly Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash, Cash Equivalents, Marketable Securities

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28.84

7.55

6.05

1.26

3.54

Frankly Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															2.89	3.54	2.19	2.24	1.85

Frankly 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.

Frankly (OTCPK:FRNKF) 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.

Frankly Cash, Cash Equivalents, Marketable Securities Related Terms

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Frankly (Frankly) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Frankly Inc (OTCPK:FRNKF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

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Address

27-01 Queens Plaza North, Suite 502, Long Island City, NY, USA, 11101

Website

https://www.franklyinc.com

Frankly Inc is a is a Canada-based company that provides a software platform for brands and media companies to create, distribute, analyze, and monetize their content on the web, mobile, and television. The company offers digital publishing software as a service and related advertising services for media sites on the Internet and integrated platform of the content management system, web and mobile publishing, social engagement and monetization. Its software enables site owners to design, build, and host sites to publish local content and information on digital platforms. The company also sources national and local advertising for its customers to distribute over multiple consumer devices.

Executives