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


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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 Premium Member Only Premium Member Only 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

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Freedom Energy (FRA:B1H2) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 315, Vancouver, BC, CAN, V6C 3N6
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

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