4Front Ventures (XCNQ:FFNT) Cash And Cash Equivalents : C$3.9 Mil (As of Mar. 2024)

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What is 4Front Ventures Cash And Cash Equivalents?

4Front Ventures's quarterly cash and cash equivalents increased from Sep. 2023 (C$3.74 Mil) to Dec. 2023 (C$4.56 Mil) but then stayed the same from Dec. 2023 (C$4.56 Mil) to Mar. 2024 (C$3.91 Mil).

4Front Ventures's annual cash and cash equivalents declined from Dec. 2021 (C$28.90 Mil) to Dec. 2022 (C$19.39 Mil) and declined from Dec. 2022 (C$19.39 Mil) to Dec. 2023 (C$4.56 Mil).

4Front Ventures Cash And Cash Equivalents Historical Data

The historical data trend for 4Front Ventures'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.

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4Front Ventures Cash And Cash Equivalents Chart

4Front Ventures Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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14.23

24.25

28.90

19.39

4.56

4Front Ventures Quarterly Data
	Apr19	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															6.33	7.11	3.74	4.56	3.91

4Front Ventures 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.

4Front Ventures (XCNQ:FFNT) 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.

4Front Ventures Cash And Cash Equivalents Related Terms

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4Front Ventures (XCNQ:FFNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » 4Front Ventures Corp (XCNQ:FFNT) » Definitions » Cash And Cash Equivalents

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FFNTF:USA

Address

5060 North 40th Street, Suite 120, Phoenix, AZ, USA, 85018

Website

https://www.4frontventures.com

4Front Ventures Corp is a Canadian-based company. It is engaged in the cultivation, processing, extracting, manufacturing, and distribution of cannabis products. It operates in two segments: THC Cannabis and CBD Wellness. The THC Cannabis segment engages in the production and cultivation of THC cannabis, manufacturing and distribution of cannabis products to own dispensaries and third-party retail customers. The CBD Wellness segment encompasses the production and sale of CBD products to third-party customers.

4Front Ventures (XCNQ:FFNT) Headlines

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