Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Cash And Cash Equivalents : $0.01 Mil (As of Mar. 2024)

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What is Welsbach Technology Metals Acquisition Cash And Cash Equivalents?

Welsbach Technology Metals Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.10 Mil) to Dec. 2023 ($0.01 Mil) but then stayed the same from Dec. 2023 ($0.01 Mil) to Mar. 2024 ($0.01 Mil).

Welsbach Technology Metals Acquisition's annual cash and cash equivalents declined from Dec. 2021 ($1.20 Mil) to Dec. 2022 ($0.31 Mil) and declined from Dec. 2022 ($0.31 Mil) to Dec. 2023 ($0.01 Mil).

Welsbach Technology Metals Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Welsbach Technology Metals 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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Welsbach Technology Metals Acquisition Cash And Cash Equivalents Chart

Welsbach Technology Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

1.20

0.31

0.01

Welsbach Technology Metals Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.14	-	0.10	0.01	0.01

Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition (NAS:WTMA) 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.

Welsbach Technology Metals Acquisition Cash And Cash Equivalents Related Terms

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Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Welsbach Technology Metals Acquisition Corp (NAS:WTMA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 South Craig Place, Lombard, IL, USA, 60148

Website

https://www.wtmau.com

Welsbach Technology Metals Acquisition Corp is a blank check company.

Executives

John P Stanfield	officer: Chief Financial Officer	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc	10 percent owner	160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski	director	160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou	director, officer: Chief Executive Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Emily King	director	160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower	director, officer: Chief Operating Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe	director	160 S CRAIG PLACE, LOMBARD IL 60148