Cascade Acquisition (Cascade Acquisition) Cash And Cash Equivalents : $0.16 Mil (As of Mar. 2022)

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What is Cascade Acquisition Cash And Cash Equivalents?

Cascade Acquisition's quarterly cash and cash equivalents declined from Sep. 2021 ($0.48 Mil) to Dec. 2021 ($0.38 Mil) but then stayed the same from Dec. 2021 ($0.38 Mil) to Mar. 2022 ($0.16 Mil).

Cascade Acquisition's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2020 ($1.28 Mil) but then declined from Dec. 2020 ($1.28 Mil) to Dec. 2021 ($0.38 Mil).

Cascade Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Cascade 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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Cascade Acquisition Cash And Cash Equivalents Chart

Cascade Acquisition Annual Data

Trend

Dec20

Dec21

Cash And Cash Equivalents

1.28

0.38

Cascade Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash And Cash Equivalents	Get a 7-Day Free Trial			1.11	0.79	0.48	0.38	0.16

Cascade 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.

Cascade Acquisition (NYSE:CAS) 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.

Cascade Acquisition Cash And Cash Equivalents Related Terms

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Cascade Acquisition (Cascade Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cascade Acquisition Corp (NYSE:CAS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139

Website

https://www.cascadespac.com

Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Roy A Guthrie	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Clayton Deutsch	director	TEN POST OFFICE SQUARE, BOSTON MA 02109
Daniel J. Hirsch	officer: Chief Operating Officer & CFO	748 DIAMOND STREET, SAN FRANCISCO CA 94114
Julia S Gouw	director	415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Jay N. Levine	director, 10 percent owner, officer: Chief Executive Officer	C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Cascade Acquisition Holdings Llc	10 percent owner	1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Gene Weil	director, 10 percent owner	1900 SUNSET HARBOUR DR. SUITE 2102, MIAMI BEACH FL 33139
Kevin Ryan	director	1900 SUNSET HARBOUR DRIVE SUITE 2102, MIAMI BEACH FL 33139