Monument Circle Acquisition (Monument Circle Acquisition) Cash, Cash Equivalents, Marketable Securities : $0.14 Mil (As of Sep. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Monument Circle Acquisition Cash, Cash Equivalents, Marketable Securities?

Monument Circle Acquisition's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 ($0.10 Mil) to Jun. 2022 ($0.02 Mil) but then increased from Jun. 2022 ($0.02 Mil) to Sep. 2022 ($0.14 Mil).

Monument Circle Acquisition's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.03 Mil) and increased from Dec. 2020 ($0.03 Mil) to Dec. 2021 ($0.61 Mil).

Monument Circle Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Monument Circle Acquisition'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.

Monument Circle Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Monument Circle Acquisition Annual Data

Trend

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

0.03

0.61

Monument Circle Acquisition Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial				0.67	0.61	0.10	0.02	0.14

Monument Circle Acquisition 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.

Monument Circle Acquisition (NAS:MON) 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.

Monument Circle Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Monument Circle Acquisition's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Monument Circle Acquisition (Monument Circle Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Monument Circle Acquisition Corp (NAS:MON) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

One EMMIS Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN, USA, 46204

Website

https://www.monumentcircleacquisition.com

Monument Circle Acquisition Corp is a blank check company.

Executives

Stanley P Gold	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Patrick M Walsh	director, officer: President, COO & Director	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan	director, 10 percent owner, officer: Chairman & CEO
Ryan A Hornaday	officer: EVP, CFO & Treasurer	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright	officer: EVP, Gen. Counsel & Secretary	40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Emmis Operating Co	director, other: See footnote(2)	C/O EMMIS COMMUNICATIONS, 40 MONUMENT CIRCLE 7TH FLOOR, INDIANAPOLIS IN 46204
Stephen Goldsmith	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Monument Circle Sponsor Llc	other: See footnote(2)	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Traug Keller	director	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Chase Rupe	officer: SVP, Strategy & Corp. Dev.	ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204

Monument Circle Acquisition (Monument Circle Acquisition) Headlines

From GuruFocus

Monument Circle Acquisition Corp. Completes Upsized $250 Million Initial Public Offering

By PRNewswire PRNewswire • 01-20-2021

Monument Circle Acquisition Corp. Announces The Separate Trading Of Its Class A Common Stock And Warrants, Commencing March 12, 2021

By PRNewswire PRNewswire • 03-09-2021