LFDJF (FDJ United) Cash And Cash Equivalents : $716 Mil (As of Dec. 2024)

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What is FDJ United Cash And Cash Equivalents?

FDJ United's quarterly cash and cash equivalents declined from Dec. 2023 ($587.35 Mil) to Jun. 2024 ($462.33 Mil) but then increased from Jun. 2024 ($462.33 Mil) to Dec. 2024 ($715.81 Mil).

FDJ United's annual cash and cash equivalents increased from Dec. 2022 ($543.86 Mil) to Dec. 2023 ($587.35 Mil) and increased from Dec. 2023 ($587.35 Mil) to Dec. 2024 ($715.81 Mil).

FDJ United Cash And Cash Equivalents Historical Data

The historical data trend for FDJ United'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.

FDJ United Cash And Cash Equivalents Chart

FDJ United Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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818.98

679.89

543.86

587.35

715.81

FDJ United Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial											543.86	564.25	587.35	462.33	715.81

FDJ United 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.

FDJ United (OTCPK:LFDJF) 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.

FDJ United Cash And Cash Equivalents Related Terms

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FDJ United Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » FDJ United (OTCPK:LFDJF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

FDJUp:UK 0A8B:UK FDJU:France 1WE:Germany FDJ:Austria

Address

3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100

Website

https://www.fdjunited.com

FDJ United is engaged in Offline and online lottery games and sports betting. Its lottery games include draw games and instant games. Its lottery offers in France include prize draws such as Loto and Euromillions, as well as Illiko instant games. Also through its subsidiaries it has diversified with the roll-out of a French payment and collection service under the Nirio brand name.