Heartland Media Acquisition (Heartland Media Acquisition) Cash And Cash Equivalents : $0.07 Mil (As of Mar. 2023)

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What is Heartland Media Acquisition Cash And Cash Equivalents?

Heartland Media Acquisition's quarterly cash and cash equivalents declined from Sep. 2022 ($0.53 Mil) to Dec. 2022 ($0.23 Mil) but then stayed the same from Dec. 2022 ($0.23 Mil) to Mar. 2023 ($0.07 Mil).

Heartland Media Acquisition's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.03 Mil) and increased from Dec. 2021 ($0.03 Mil) to Dec. 2022 ($0.23 Mil).

Heartland Media Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Heartland Media Acquisition'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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Heartland Media Acquisition Cash And Cash Equivalents Chart

Heartland Media Acquisition Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.03

0.23

Heartland Media Acquisition Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash And Cash Equivalents	Get a 7-Day Free Trial				0.79	0.51	0.53	0.23	0.07

Heartland Media Acquisition 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.

Heartland Media Acquisition (NYSE:HMA) 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.

Heartland Media Acquisition Cash And Cash Equivalents Related Terms

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Heartland Media Acquisition (Heartland Media Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Heartland Media Acquisition Corp (NYSE:HMA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

3282 Northside Parkway, Suite 275, Atlanta, GA, USA, 30327

Website

https://www.heartlandmediaacquisition.com

Heartland Media Acquisition Corp is a blank check company.

Executives

Prather Robert S Jr	director, 10 percent owner, officer: Chief Executive Officer
Heartland Sponsor Llc	10 percent owner	3282 NORTHSIDE PKWY NW, STE 275, ATLANTA GA 30327
Shawn Pack	officer: Chief Financial Officer	C/O HEARTLAND MEDIA ACQUISITION CORP., 3282 NORTHSIDE PKWY, SUITE 275, ATLANTA GA 30327
Alan J Weber	director	5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
John S Zieser	director	1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Salvatore Muoio	director	C/O LYNCH INTERACTIVE CORP, 401 THEODORE FREMD AVE, RYE NY 10580
Steven Todd Shapiro	director	C/O GOLDENTREE ASSET MANAGEMENT, 300 PARK AVENUE, NEW YORK NY 10022

Heartland Media Acquisition (Heartland Media Acquisition) Headlines

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Heartland Media Acquisition Corp. Announces Pricing of $175 Million Initial Public Offering

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Heartland Media Acquisition Corp. Announces Redemption of Public Shares and Subsequent Dissolution

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