CNFN (CFN Enterprises) Cash And Cash Equivalents : $0.37 Mil (As of Dec. 2024)

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What is CFN Enterprises Cash And Cash Equivalents?

CFN Enterprises's quarterly cash and cash equivalents increased from Jun. 2024 ($0.23 Mil) to Sep. 2024 ($0.26 Mil) and increased from Sep. 2024 ($0.26 Mil) to Dec. 2024 ($0.37 Mil).

CFN Enterprises's annual cash and cash equivalents increased from Dec. 2022 ($0.01 Mil) to Dec. 2023 ($0.08 Mil) and increased from Dec. 2023 ($0.08 Mil) to Dec. 2024 ($0.37 Mil).

CFN Enterprises Cash And Cash Equivalents Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Cash And Cash Equivalents Chart

CFN Enterprises Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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0.16

0.17

0.01

0.08

0.37

CFN Enterprises Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.08	0.15	0.23	0.26	0.37

CFN Enterprises 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.

CFN Enterprises (OTCPK:CNFN) 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.

CFN Enterprises Cash And Cash Equivalents Related Terms

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CFN Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CFN Enterprises Inc (OTCPK:CNFN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 E.8th Street, Whitefish, MT, USA, 59937

Website

https://www.cfnenterprisesinc.com

CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry. The Company operates under one reporting segment.

Executives

Anness Ziadeh	officer: Chief Sales/Marketing Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi	10 percent owner, officer: Chief Strategy Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park	10 percent owner, officer: Chief Operating Officer	600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross	director, officer: President & CEO	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli	10 percent owner	600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane	officer: President of CFN Media	2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton	10 percent owner	143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd.	10 percent owner	1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais	officer: Sr. VP, Product Development	C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein	officer: General Counsel	C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937