Plum Acquisition III (Plum Acquisition III) Cash And Cash Equivalents : $0.26 Mil (As of Sep. 2023)

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What is Plum Acquisition III Cash And Cash Equivalents?

Plum Acquisition III's quarterly cash and cash equivalents declined from Mar. 2023 ($0.34 Mil) to Jun. 2023 ($0.31 Mil) but then stayed the same from Jun. 2023 ($0.31 Mil) to Sep. 2023 ($0.26 Mil).

Plum Acquisition III's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($2.12 Mil) but then declined from Dec. 2021 ($2.12 Mil) to Dec. 2022 ($0.73 Mil).

Plum Acquisition III Cash And Cash Equivalents Historical Data

The historical data trend for Plum 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.

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Plum Acquisition III Cash And Cash Equivalents Chart

Plum Acquisition III Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

2.12

0.73

Plum 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						1.00	0.73	0.34	0.31	0.26

Plum 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.

Plum Acquisition III (NAS:PLMJ) 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.

Plum Acquisition III Cash And Cash Equivalents Related Terms

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Plum Acquisition III (Plum Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Plum Acquisition Corp III (NAS:PLMJ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 West 34th Street, Suite 4215, Empire State Building, New York, NY, USA, 10001

Website

https://www.aptmspac.com

Alpha Partners Technology Merger Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Scott D. Grimes	director	CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tracy R Wolstencroft	director	233 SOUTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Rice E. John Jr	director	7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Marcie Vu	director	969 BROADWAY, SUITE 300, OAKLAND CA 94607
Stephen B. Brotman	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Alpha Partners Technology Merger Sponsor Llc	10 percent owner	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Sean Patrick O'brien	officer: Chief Financial Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Matthew Krna	director, officer: Chief Executive Officer	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119
Michael D. Ryan	director	ONE PENN PLAZA 36TH FLOOR, NEW YORK NY 10119

Plum Acquisition III (Plum Acquisition III) Headlines

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