Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Cash And Cash Equivalents : $0.34 Mil (As of Dec. 2023)

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What is Pegasus Digital Mobility Acquisition Cash And Cash Equivalents?

Pegasus Digital Mobility Acquisition's quarterly cash and cash equivalents declined from Jun. 2023 ($0.44 Mil) to Sep. 2023 ($0.36 Mil) but then stayed the same from Sep. 2023 ($0.36 Mil) to Dec. 2023 ($0.34 Mil).

Pegasus Digital Mobility Acquisition's annual cash and cash equivalents declined from Dec. 2021 ($1.03 Mil) to Dec. 2022 ($0.43 Mil) and declined from Dec. 2022 ($0.43 Mil) to Dec. 2023 ($0.34 Mil).

Pegasus Digital Mobility Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Pegasus Digital Mobility 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.

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Pegasus Digital Mobility Acquisition Cash And Cash Equivalents Chart

Pegasus Digital Mobility Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1.03

0.43

0.34

Pegasus Digital Mobility Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.43	1.34	0.44	0.36	0.34

Pegasus Digital Mobility 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.

Pegasus Digital Mobility Acquisition (NYSE:PGSS) 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.

Pegasus Digital Mobility Acquisition Cash And Cash Equivalents Related Terms

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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pegasus Digital Mobility Acquisition Corp (NYSE:PGSS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Fort Street, George Town, P.O Box 500, Grand Cayman, CYM, KY1-1106

Website

https://www.pegasusdigitalmobility.com

Pegasus Digital Mobility Acquisition Corp is a newly incorporated blank check company.

Executives

Tenor Capital Management Co., L.p.	10 percent owner	810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Robin Shah	10 percent owner	810 SEVENTH AVENUE, NEW YORK NY 10019
Tenor Opportunity Master Fund, Ltd.	10 percent owner	810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Steven John Norris	director	PO BOX 85587, SAN DIEGO CA 92186
Jeffrey H Foster	director	401 9TH STREET, NW #600, WASHINGTON DC 20004
John N. Doherty	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Florian Wolf	director	260 MASON STREET, GREENWICH CT 06830
James Valentine Condon	director	260 MASON STREET, GREENWICH CT 06830
Ralf Speth	director, officer: Chief Executive Officer	260 MASON STREET, GREENWICH CT 06830
Stefan Berger	officer: Chief Investment Officer	260 MASON STREET, GREENWICH CT 06830
Pegasus Digital Mobility Sponsor Llc	10 percent owner	260 MASON STREET, GREENWICH CT 06830
Patrick J. Miller	director	260 MASON STREET, GREENWICH CT 06830
Faramaraz Jeremey Mistry	officer: Chief Financial Officer	260 MASON STREET, GREENWICH CT 06830