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Forum Merger IV (Forum Merger IV) Cash, Cash Equivalents, Marketable Securities : $1.96 Mil (As of Mar. 2023)


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What is Forum Merger IV Cash, Cash Equivalents, Marketable Securities?

Forum Merger IV's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($0.13 Mil) to Dec. 2022 ($0.05 Mil) but then increased from Dec. 2022 ($0.05 Mil) to Mar. 2023 ($1.96 Mil).

Forum Merger IV's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.52 Mil) but then declined from Dec. 2021 ($1.52 Mil) to Dec. 2022 ($0.05 Mil).

Forum Merger IV Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Forum Merger IV'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.

Forum Merger IV Cash, Cash Equivalents, Marketable Securities Chart

Forum Merger IV Annual Data
Trend Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
1.52 0.05

Forum Merger IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only 0.98 0.63 0.13 0.05 1.96

Forum Merger IV 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.

Forum Merger IV  (NAS:FMIVU) 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.

Forum Merger IV Cash, Cash Equivalents, Marketable Securities Related Terms

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Forum Merger IV (Forum Merger IV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Forum Merger IV Corp (NAS:FMIVU) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
N/A
Address
1615 South Congress Avenue, Suite 103, Delray Beach, FL, USA, 33445
Website
https://www.forummerger.com
Forum Merger IV Corp is a blank check company.
Executives
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Bofa Securities, Inc. 10 percent owner 100 N TRYON ST, NC1-007-14-30, CHARLOTTE NC 28255
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
David Boris director, 10 percent owner, officer: Co-CEO, CFO C/O TRIO MERGER CORP., 777 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Marshall Kiev director, 10 percent owner, officer: Co-CEO, President 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Richard Katzman director KAZ INC, 1775 BROADWAY SUITE 2405, NEW YORK NY 10019
Neil Goldberg director 135 EAST 57TH STREET 8TH FLOOR, NEW YORK NY 10022
Tory Kiam director 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Capital Management Iv Llc director, 10 percent owner 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Forum Investors Iv Llc director, 10 percent owner, other: *Director by Deputization 1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445