GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Supernova Partners Acquisition Co Inc (NYSE:SPNV.WS) » Definitions » Cash And Cash Equivalents

Supernova Partners Acquisition Co (Supernova Partners Acquisition Co) Cash And Cash Equivalents

: $1.08 Mil (As of Dec. 2020)
View and export this data going back to 2020. Start your Free Trial

Supernova Partners Acquisition Co's quarterly cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to Aug. 2020 ($0.00 Mil) but then increased from Aug. 2020 ($0.00 Mil) to Dec. 2020 ($1.08 Mil).

Supernova Partners Acquisition Co's annual cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2020 ($1.08 Mil).


Supernova Partners Acquisition Co Cash And Cash Equivalents Historical Data

The historical data trend for Supernova Partners Acquisition Co'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.

* Premium members only.

Supernova Partners Acquisition Co Annual Data
Trend Dec20
Cash And Cash Equivalents
1.08

Supernova Partners Acquisition Co Semi-Annual Data
Aug20 Dec20
Cash And Cash Equivalents - 1.08

Supernova Partners Acquisition Co 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.


Supernova Partners Acquisition Co  (NYSE:SPNV.WS) 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.


Supernova Partners Acquisition Co Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Supernova Partners Acquisition Co's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.


Supernova Partners Acquisition Co (Supernova Partners Acquisition Co) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4301 50th Street NW, Suite 300 PMB 1044, Washington, DC, USA, 20016
Supernova Partners Acquisition Co Inc is a blank check company.