Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Cash, Cash Equivalents, Marketable Securities : $22.33 Mil (As of Mar. 2022)

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What is Pershing Square Tontine Holdings Cash, Cash Equivalents, Marketable Securities?

Pershing Square Tontine Holdings's quarterly cash, cash equivalents, marketable securities declined from Sep. 2021 ($32.66 Mil) to Dec. 2021 ($23.16 Mil) but then stayed the same from Dec. 2021 ($23.16 Mil) to Mar. 2022 ($22.33 Mil).

Pershing Square Tontine Holdings's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2020 ($25.35 Mil) but then declined from Dec. 2020 ($25.35 Mil) to Dec. 2021 ($23.16 Mil).

Pershing Square Tontine Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Pershing Square Tontine Holdings'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.

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Pershing Square Tontine Holdings Cash, Cash Equivalents, Marketable Securities Chart

Pershing Square Tontine Holdings Annual Data

Trend

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

25.35

23.16

Pershing Square Tontine Holdings Quarterly Data
	Apr20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			25.12	25.02	32.66	23.16	22.33

Pershing Square Tontine Holdings 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.

Pershing Square Tontine Holdings (NYSE:PSTH) 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.

Pershing Square Tontine Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pershing Square Tontine Holdings Ltd (NYSE:PSTH) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019

Website

Pershing Square Tontine Holdings Ltd is a blank check company.

Executives

Michael Gonnella	officer: Chief Financial Officer	787 ELEVENTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Lisa Gersh	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
William A Ackman	director, 10 percent owner, officer: Chief Executive Officer	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc	10 percent owner	787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Pershing Square Capital Management, L.p.	10 percent owner	787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Joseph S Steinberg	director	C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Michael S Ovitz	director	355 SOUTH GRAND, #1710, LOS ANGELES CA 90071
Steve Milankov	officer: Corporate Secretary	101 WEST 24TH STREET, APT. 30D, NEW YORK NY 10010
Ben Hakim	officer: Chief Financial Officer	170 E. 77TH STREET, APT. 5A, NEW YORK NY 10075