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Mountain Crest Acquisition III (Mountain Crest Acquisition III) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Sep. 2022)


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What is Mountain Crest Acquisition III Cash, Cash Equivalents, Marketable Securities?

Mountain Crest Acquisition III's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 ($0.12 Mil) to Jun. 2022 ($0.04 Mil) but then stayed the same from Jun. 2022 ($0.04 Mil) to Sep. 2022 ($0.00 Mil).

Mountain Crest Acquisition III'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. 2021 ($0.34 Mil).

Mountain Crest Acquisition III Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mountain Crest Acquisition III'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.

Mountain Crest Acquisition III Cash, Cash Equivalents, Marketable Securities Chart

Mountain Crest Acquisition III Annual Data
Trend Dec21
Cash, Cash Equivalents, Marketable Securities
0.34

Mountain Crest Acquisition III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 0.37 0.34 0.12 0.04 -

Mountain Crest Acquisition III 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.

Mountain Crest Acquisition III  (NAS:MCAE) 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.

Mountain Crest Acquisition III Cash, Cash Equivalents, Marketable Securities Related Terms

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Mountain Crest Acquisition III (Mountain Crest Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp III (NAS:MCAE) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Website
https://www.mcacquisition.com
Mountain Crest Acquisition Corp III is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Nelson Haight director 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Suying Liu director, 10 percent owner, officer: CEO and CFO 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Todd T. Milbourn director C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Mountain Crest Holdings Iii Llc 10 percent owner 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Wenhua Zhang director 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036