Freee KK (TSE:4478) Cash And Cash Equivalents : 円31,251 Mil (As of Mar. 2024)

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What is Freee KK Cash And Cash Equivalents?

Freee KK's quarterly cash and cash equivalents declined from Sep. 2023 (円31,703.98 Mil) to Dec. 2023 (円30,884.59 Mil) but then increased from Dec. 2023 (円30,884.59 Mil) to Mar. 2024 (円31,250.67 Mil).

Freee KK's annual cash and cash equivalents declined from Jun. 2021 (円47,643.37 Mil) to Jun. 2022 (円42,546.96 Mil) and declined from Jun. 2022 (円42,546.96 Mil) to Jun. 2023 (円36,405.85 Mil).

Freee KK Cash And Cash Equivalents Historical Data

The historical data trend for Freee KK'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.

Freee KK Cash And Cash Equivalents Chart

Freee KK Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

5,852.91

15,636.43

47,643.37

42,546.96

36,405.85

Freee KK Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															37,313.92	36,405.85	31,703.98	30,884.59	31,250.67

Freee KK 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.

Freee KK (TSE:4478) 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.

Freee KK Cash And Cash Equivalents Related Terms

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Freee KK (TSE:4478) Business Description

Industry

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Traded in Other Exchanges

FREKF:USA

Address

2-8-1 Nishi-Gotanda, Shinagawa-ku, Gotanda First Building 9th Floor, Tokyo, JPN, 141-0031

Website

http://www.freee.co.jp

Freee KK is a developer of cloud-based software. Its software products include Cloud Accounting software, Cloud HR Labor software, Cloud ERP for Midsize companies, among others.

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