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10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Cash And Cash Equivalents : $0.65 Mil (As of Sep. 2023)


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What is 10X Capital Venture Acquisition III Cash And Cash Equivalents?

10X Capital Venture Acquisition III's quarterly cash and cash equivalents increased from Mar. 2023 ($0.03 Mil) to Jun. 2023 ($1.96 Mil) but then stayed the same from Jun. 2023 ($1.96 Mil) to Sep. 2023 ($0.65 Mil).

10X Capital Venture Acquisition III's annual cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to Dec. 2021 ($0.00 Mil) but then increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.07 Mil).


10X Capital Venture Acquisition III Cash And Cash Equivalents Historical Data

The historical data trend for 10X Capital Venture Acquisition 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.

10X Capital Venture Acquisition III Cash And Cash Equivalents Chart

10X Capital Venture Acquisition III Annual Data
Trend Dec21 Dec22
Cash And Cash Equivalents
- 0.07

10X Capital Venture Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.13 0.07 0.03 1.96 0.65

10X Capital Venture Acquisition 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.


10X Capital Venture Acquisition III  (AMEX:VCXB) 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.


10X Capital Venture Acquisition III Cash And Cash Equivalents Related Terms

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10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
1 World Trade Center, 85th Floor, New York, NY, USA, 10007
10X Capital Venture Acquisition Corp III is a blank check company.
Executives
Kash Sheikh director 4001 KENNETT PIKE, SUITE 302, WILMINGTON DE 19807
Woodrow Levin director 535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Christopher Jurasek director 13625 TECHNOLOGY DR, EDEN PRAIRIE MN 55344-2252
Oliver Wriedt officer: See Remarks CIFC CORP., 250 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10177
David Weisburd director, officer: COO & Head of Origination 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Guhan Kandasamy officer: Chief Financial Officer 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas director, 10 percent owner, officer: Chief Executive Officer 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Boris Silver director 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
10x Capital Advisors, Llc 10 percent owner 1 WORLD TRADE CENTER, 85TH FLOOR, NEW YORK NY 10007
10x Capital Spac Sponsor Iii Llc director, 10 percent owner 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NJ 10007

10X Capital Venture Acquisition III (10X Capital Venture Acquisition III) Headlines