ASPAC I Acquisition (ASPAC I Acquisition) Cash And Cash Equivalents : $0.04 Mil (As of Dec. 2023)

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What is ASPAC I Acquisition Cash And Cash Equivalents?

ASPAC I Acquisition's quarterly cash and cash equivalents declined from Jun. 2023 ($0.12 Mil) to Sep. 2023 ($0.04 Mil) but then increased from Sep. 2023 ($0.04 Mil) to Dec. 2023 ($0.04 Mil).

ASPAC I Acquisition's annual cash and cash equivalents increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.06 Mil) but then declined from Dec. 2022 ($0.06 Mil) to Dec. 2023 ($0.04 Mil).

ASPAC I Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for ASPAC I 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.

* Premium members only.

ASPAC I Acquisition Cash And Cash Equivalents Chart

ASPAC I Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.06

0.04

ASPAC I Acquisition Quarterly Data
	May21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.06	-	0.12	0.04	0.04

ASPAC I 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.

ASPAC I Acquisition (NAS:ASCA) 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.

ASPAC I Acquisition Cash And Cash Equivalents Related Terms

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ASPAC I Acquisition (ASPAC I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ASPAC I Acquisition Corp (NAS:ASCA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Marina Boulevard, Tower 2, Level 39, Marina Bay Financial Centre, Singapore, SGP, 018983

Website

ASPAC I Acquisition Corp is a blank check company .

Executives

Claudius Tsang	officer: CEO and CFO	WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Spac (holdings) Acquisition Corp.	10 percent owner	CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000
John Brebeck	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Abuzzal Abusaeri	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983
Giang Hoang Nguyen	director	LEVEL 39, MARINA BAY FINANCIAL CENTRE, TOWER 2, 10 MARINA BOULEVARD, SINGAPORE U0 018983

ASPAC I Acquisition (ASPAC I Acquisition) Headlines

From GuruFocus

NewGenIvf, a full-service fertility services provider in Asia, Announces Plans to List on Nasdaq Through Merger with A SPAC I Acquisition Corp.

By PRNewswire PRNewswire • 02-16-2023