Friendable (Friendable) Cash And Cash Equivalents : $0.01 Mil (As of Sep. 2022)

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What is Friendable Cash And Cash Equivalents?

Friendable's quarterly cash and cash equivalents declined from Mar. 2022 ($0.08 Mil) to Jun. 2022 ($0.02 Mil) but then stayed the same from Jun. 2022 ($0.02 Mil) to Sep. 2022 ($0.01 Mil).

Friendable's annual cash and cash equivalents increased from Dec. 2019 ($0.01 Mil) to Dec. 2020 ($0.05 Mil) and increased from Dec. 2020 ($0.05 Mil) to Dec. 2021 ($0.25 Mil).

Friendable Cash And Cash Equivalents Historical Data

The historical data trend for Friendable'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.

* Premium members only.

Friendable Cash And Cash Equivalents Chart

Friendable Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash And Cash Equivalents

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0.03

0.01

0.05

0.25

Friendable Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.45	0.25	0.08	0.02	0.01

Friendable 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.

Friendable (OTCPK:FDBL) 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.

Friendable Cash And Cash Equivalents Related Terms

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Friendable (Friendable) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Friendable Inc (OTCPK:FDBL) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1821 S Bascom Avenue, Suite 353, Campbell, CA, USA, 95008

Website

https://www.friendable.com

Friendable Inc is a mobile-focused technology and marketing company, that connects and engages with its users. The company's products and services include The Fan Pass Live music which is a subscription-based app and the online subscription-based Artist Republik suite of artist-centric services that include music distribution for artists, while fans can enjoy access to a variety of artist channels across different genres, exclusive live events, behind-the-scenes content, artist merchandising. The FeaturedX business segment provides a place where artists can book a guest feature, co-write, composition or live instrumental tracking for artists releasing their next single or looking to extend reach and exposure by tapping into these available resources for music production and collaboration.

Executives

Rositano Robert A Jr	director, officer: CEO & Secretary	1696 DELL AVENUE, CAMPBELL CA 95008
Dean Rositano	director, officer: President & CTO	1696 DELL AVENUE, CAMPBELL CA 95008
Copper Creek Holdings, Llc	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Stacy L. Rositano	10 percent owner	3846 MOANNA WAY, SANTA CRUZ CA 95062
Andrew A Brodkey	director, officer: President and CEO	4960 N. CAMINO ANTONIO, TUSCON AZ 85718
Frank Garcia	officer: CFO	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Ronald Richman	director	3040 N. CAMPBELL AVE. SUITE #110, TUCSON AZ 85719
Jodi Henderson	officer: Corporate Secretary	7033 EAST CALLE BETELGEUX, TUCSON AZ 85710
David Hackman	officer: VP of Exploration	3040 NORTH CAMPBELL AVE., SUITE 110, TUCSON AZ 85719
David Ohad	director, 10 percent owner, officer: PRESIDENT	HANCHALA 2, #5023, PARDES HANNA - KARKU L3 37000