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Altimar Acquisition III (Altimar Acquisition III) Cash And Cash Equivalents : $0.96 Mil (As of Jun. 2023)


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What is Altimar Acquisition III Cash And Cash Equivalents?

Altimar Acquisition III's quarterly cash and cash equivalents increased from Dec. 2022 ($0.58 Mil) to Mar. 2023 ($1.69 Mil) but then stayed the same from Mar. 2023 ($1.69 Mil) to Jun. 2023 ($0.96 Mil).

Altimar Acquisition III's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.15 Mil) but then declined from Dec. 2021 ($1.15 Mil) to Dec. 2022 ($0.58 Mil).

Altimar Acquisition III Cash And Cash Equivalents Historical Data

The historical data trend for Altimar Acquisition III'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.

Altimar Acquisition III Cash And Cash Equivalents Chart

Altimar Acquisition III Annual Data
Trend Dec21 Dec22
Cash And Cash Equivalents
1.15 0.58

Altimar Acquisition III Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.69 0.58 1.69 0.96

Altimar Acquisition III 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.

Altimar Acquisition III  (NYSE:ATAQ) 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.

Altimar Acquisition III Cash And Cash Equivalents Related Terms

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Altimar Acquisition III (Altimar Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Altimar Acquisition Corp III (NYSE:ATAQ) » Definitions » Cash And Cash Equivalents
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Traded in Other Exchanges
N/A
Address
40 West 57th Street, 33rd Floor, New York, NY, USA, 10019
Website
https://ataq.altimaracquisition.com
Altimar Acquisition Corp III is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Payne Brown director 111 SPRINGHALL DRIVE, GOOSE CREEK SC 29445
Thomas Wasserman director, officer: Chief Executive Officer C/O CONSTELLATION VENTURES, 383 MADISON AVENUE, NEW YORK NY 10179
Richard M Jelinek director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Vijay Sondhi director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Rubenstein director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Roma Khanna director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Michael Vorhaus director 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Wendy Lai officer: Chief Financial Officer 40 W 47TH STREET, FLOOR 33, NEW YORK NY 10035
Altimar Sponsor Iii, Llc 10 percent owner 40 W. 57TH STREET, 33RD FLOOR, NEW YORK NY 10019