Frontera Resources (LSE:FRR) Cash And Cash Equivalents : £0.48 Mil (As of Jun. 2018)

View and export this data going back to 2005. Start your Free Trial

What is Frontera Resources Cash And Cash Equivalents?

Frontera Resources's quarterly cash and cash equivalents increased from Jun. 2017 (£0.06 Mil) to Dec. 2017 (£0.07 Mil) and increased from Dec. 2017 (£0.07 Mil) to Jun. 2018 (£0.48 Mil).

Frontera Resources's annual cash and cash equivalents declined from Dec. 2015 (£0.08 Mil) to Dec. 2016 (£0.03 Mil) but then increased from Dec. 2016 (£0.03 Mil) to Dec. 2017 (£0.07 Mil).

Frontera Resources Cash And Cash Equivalents Historical Data

The historical data trend for Frontera Resources'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.

Frontera Resources Cash And Cash Equivalents Chart

Frontera Resources Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Cash And Cash Equivalents

Get a 7-Day Free Trial

0.83

0.88

0.08

0.03

0.07

Frontera Resources Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Cash And Cash Equivalents	Get a 7-Day Free Trial														0.04	0.03	0.06	0.07	0.48

Frontera Resources 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.

Frontera Resources (LSE:FRR) 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.

Frontera Resources Cash And Cash Equivalents Related Terms

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

Frontera Resources (LSE:FRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Resources Corp (LSE:FRR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3040 Post Oak Boulevard, Suite 1100, Houston, TX, USA, 77056

Website

http://www.fronteraresources.com

Frontera Resources Corp is an international oil and gas exploration and production company. The company, along with its subsidiaries is principally engaged in the development of oil and gas projects. The company develops reserves in known hydrocarbon-bearing basins in the Republic of Georgia. Frontera's current focus is targeted on exploiting a Greater Black Sea initiative, regionally building from its core operations in the country of Georgia.

Frontera Resources (LSE:FRR) Headlines

No Headlines