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Goldenstone Acquisition (Goldenstone Acquisition) Cash And Cash Equivalents : $0.03 Mil (As of Mar. 2024)


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What is Goldenstone Acquisition Cash And Cash Equivalents?

Goldenstone Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.01 Mil) to Dec. 2023 ($0.01 Mil) but then increased from Dec. 2023 ($0.01 Mil) to Mar. 2024 ($0.03 Mil).

Goldenstone Acquisition's annual cash and cash equivalents declined from Mar. 2022 ($0.96 Mil) to Mar. 2023 ($0.01 Mil) but then increased from Mar. 2023 ($0.01 Mil) to Mar. 2024 ($0.03 Mil).

Goldenstone Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Goldenstone 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.

Goldenstone Acquisition Cash And Cash Equivalents Chart

Goldenstone Acquisition Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Cash And Cash Equivalents
0.04 0.96 0.01 0.03

Goldenstone Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.27 0.01 0.01 0.03

Goldenstone 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.

Goldenstone Acquisition  (NAS:GDST) 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.

Goldenstone Acquisition Cash And Cash Equivalents Related Terms

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Goldenstone Acquisition (Goldenstone Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Goldenstone Acquisition Ltd (NAS:GDST) » Definitions » Cash And Cash Equivalents
Comparable Companies
RCAC DUET BACA ASCB WWAC OCAX APAC TRCA FICV BRAC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4360 E New York Street, Aurora, IL, USA, 60504
Website
Goldenstone Acquisition Ltd is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Pin Tai director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Yongsheng Liu officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen director, officer: Chief Financial Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Nan Sun director 4360 E. NEW YORK STREET, AURORA IL 60504
Eddie Juling Ni director, officer: Chief Executive Officer 4360 E. NEW YORK STREET, AURORA IL 60504