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Acri Capital Acquisition (Acri Capital Acquisition) Cash And Cash Equivalents : $0.09 Mil (As of Mar. 2024)


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What is Acri Capital Acquisition Cash And Cash Equivalents?

Acri Capital Acquisition's quarterly cash and cash equivalents increased from Sep. 2023 ($0.05 Mil) to Dec. 2023 ($0.05 Mil) and increased from Dec. 2023 ($0.05 Mil) to Mar. 2024 ($0.09 Mil).

Acri Capital Acquisition's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2022 ($0.55 Mil) but then declined from Dec. 2022 ($0.55 Mil) to Dec. 2023 ($0.05 Mil).


Acri Capital Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Acri Capital Acquisition'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.

Acri Capital Acquisition Cash And Cash Equivalents Chart

Acri Capital Acquisition Annual Data
Trend Dec22 Dec23
Cash And Cash Equivalents
0.55 0.05

Acri Capital Acquisition Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only 0.37 0.20 0.05 0.05 0.09

Acri Capital Acquisition 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.


Acri Capital Acquisition  (NAS:ACAC) 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.


Acri Capital Acquisition Cash And Cash Equivalents Related Terms

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Acri Capital Acquisition (Acri Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
13284 Pond Springs Rd,, Suite 405, Austin, TX, USA, 78729
Website
Acri Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller director 2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua director, 10 percent owner, officer: CEO and Chairwoman 6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc 10 percent owner 6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr. director 136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce director 2961-A HUNTER MILL RD, #124, OAKTON VA 22124