Freedom Energy (FRA:B1H2) Cash And Cash Equivalents : €0.00 Mil (As of Dec. 2018)

View and export this data going back to . Start your Free Trial

What is Freedom Energy Cash And Cash Equivalents?

Freedom Energy's quarterly cash and cash equivalents declined from Jun. 2018 (€0.01 Mil) to Sep. 2018 (€0.00 Mil) but then stayed the same from Sep. 2018 (€0.00 Mil) to Dec. 2018 (€0.00 Mil).

Freedom Energy's annual cash and cash equivalents increased from Mar. 2016 (€0.00 Mil) to Mar. 2017 (€0.06 Mil) but then declined from Mar. 2017 (€0.06 Mil) to Mar. 2018 (€0.04 Mil).

Freedom Energy Cash And Cash Equivalents Historical Data

The historical data trend for Freedom Energy'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.

Freedom Energy Cash And Cash Equivalents Chart

Freedom Energy Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.01

0.02

0.06

0.04

Freedom Energy Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash And Cash Equivalents	Get a 7-Day Free Trial															0.01	0.04	0.01	-	-

Freedom Energy 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.

Freedom Energy (FRA:B1H2) 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.

Freedom Energy Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Freedom Energy's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Freedom Energy (FRA:B1H2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Freedom Energy Inc (FRA:B1H2) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

837 West Hastings Street, Suite 315, Vancouver, BC, CAN, V6C 3N6

Website

https://www.freedomenergyinc.com

Freedom Energy Inc is an exploration stage junior mining company. It is engaged in the exploration, evaluation, and development of metallurgical coal, and oil and gas projects in North America. It also holds an interest in Good Hope gold property. The firm operates through one segment that is Exploration and Evaluation of mineral property interests.

Freedom Energy (FRA:B1H2) Headlines

No Headlines