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Northern Star Investment III (Northern Star Investment III) Cash And Cash Equivalents : $0.04 Mil (As of Jun. 2023)


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What is Northern Star Investment III Cash And Cash Equivalents?

Northern Star Investment III's quarterly cash and cash equivalents increased from Dec. 2022 ($0.07 Mil) to Mar. 2023 ($0.15 Mil) but then stayed the same from Mar. 2023 ($0.15 Mil) to Jun. 2023 ($0.04 Mil).

Northern Star Investment III's annual cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Sep. 2022 ($0.09 Mil).


Northern Star Investment III Cash And Cash Equivalents Historical Data

The historical data trend for Northern Star Investment III'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.

Northern Star Investment III Cash And Cash Equivalents Chart

Northern Star Investment III Annual Data
Trend Sep22
Cash And Cash Equivalents
0.09

Northern Star Investment III Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.09 0.07 0.15 0.04

Northern Star Investment III 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.


Northern Star Investment III  (OTCPK:NSTC) 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.


Northern Star Investment III Cash And Cash Equivalents Related Terms

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Northern Star Investment III (Northern Star Investment III) Business Description

Traded in Other Exchanges
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174
Northern Star Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: President, COO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles director, 10 percent owner, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Iii Sponsor Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent director C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

Northern Star Investment III (Northern Star Investment III) Headlines