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Battery Future Acquisition (Battery Future Acquisition) Cash And Cash Equivalents : $0.03 Mil (As of Mar. 2024)


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What is Battery Future Acquisition Cash And Cash Equivalents?

Battery Future Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.12 Mil) to Dec. 2023 ($0.11 Mil) but then stayed the same from Dec. 2023 ($0.11 Mil) to Mar. 2024 ($0.03 Mil).

Battery Future Acquisition's annual cash and cash equivalents declined from Dec. 2021 ($0.93 Mil) to Dec. 2022 ($0.30 Mil) and declined from Dec. 2022 ($0.30 Mil) to Dec. 2023 ($0.11 Mil).

Battery Future Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Battery Future 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.

* Premium members only.

Battery Future Acquisition Cash And Cash Equivalents Chart

Battery Future Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash And Cash Equivalents
0.93 0.30 0.11

Battery Future Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 0.13 0.12 0.11 0.03

Battery Future 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.

Battery Future Acquisition  (NYSE:BFAC) 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.

Battery Future Acquisition Cash And Cash Equivalents Related Terms

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Battery Future Acquisition (Battery Future Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Battery Future Acquisition Corp (NYSE:BFAC) » Definitions » Cash And Cash Equivalents
Comparable Companies
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Traded in Other Exchanges
N/A
Address
777 Brickell Avenue, No.500-97545, Miami, FL, USA, 33131
Website
https://www.futureacquisition.com
Battery Future Acquisition Corp is a blank check company.
Executives
Josh Payne officer: Chief Operating Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Adrian Griffin director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Simon Hay director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Greg Martyr director, officer: Chief Executive Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Battery Future Sponsor Llc 10 percent owner 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Kristopher Salinger director, 10 percent owner, officer: Chief Financial Officer 51 NW 26TH STREET SUITE 533, MIAMI FL 33127
Erez Ichilov director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Nicholas O'loughlin officer: Chief Development Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Natalia Streltsova director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Jessica Fung director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127