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Bowen Acquisition (Bowen Acquisition) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Feb. 2023)


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What is Bowen Acquisition Cash, Cash Equivalents, Marketable Securities?

Bowen Acquisition's annual cash, cash equivalents, marketable securities stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2023 ($0.43 Mil).

Bowen Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Bowen Acquisition's Cash, Cash Equivalents, Marketable Securities 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.

Bowen Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Bowen Acquisition Annual Data
Trend Dec23
Cash, Cash Equivalents, Marketable Securities
0.43

Bowen Acquisition Semi-Annual Data
Feb23
Cash, Cash Equivalents, Marketable Securities -

Bowen Acquisition Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Bowen Acquisition  (NAS:BOWN) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Bowen Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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Bowen Acquisition (Bowen Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Bowen Acquisition Corp (NAS:BOWN) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
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Traded in Other Exchanges
N/A
Address
420 Lexington Avenue, Suite 2446, New York, NY, USA, 10170
Website
Bowen Acquisition Corp is a blank check company.
Executives
Lawrence W. Leighton director TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Jiangang Luo officer: Chief Executive Officer 18 MICHELLE WAY, PINE BROOK NJ 07058
Jing Lu officer: Chief Financial Officer C/O KEYARCH ACQUISITION CORP., 183 QUEEN'S ROAD, CENTRAL HONG KONG K3 999077
Createcharm Holdings Ltd 10 percent owner C/O BOWEN ACQUISITION CORP, 420, NEW YORK NY 10170
Na Gai director, other: Chairwoman of the Board C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Wei Li director C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Bowen Holding Lp 10 percent owner C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170
Jun Zhang director C/O BOWEN ACQUISITION CORP, 420 LEXINGTON AVE, SUITE 2446, NEW YORK NY 10170