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dMY Technology Group VI (dMY Technology Group VI) Cash And Cash Equivalents : $0.00 Mil (As of Dec. 2022)


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What is dMY Technology Group VI Cash And Cash Equivalents?

dMY Technology Group VI's quarterly cash and cash equivalents increased from Jun. 2022 ($0.01 Mil) to Sep. 2022 ($0.03 Mil) but then stayed the same from Sep. 2022 ($0.03 Mil) to Dec. 2022 ($0.00 Mil).

dMY Technology Group VI's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.65 Mil) but then declined from Dec. 2021 ($0.65 Mil) to Dec. 2022 ($0.00 Mil).


dMY Technology Group VI Cash And Cash Equivalents Historical Data

The historical data trend for dMY Technology Group VI'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.

dMY Technology Group VI Cash And Cash Equivalents Chart

dMY Technology Group VI Annual Data
Trend Dec21 Dec22
Cash And Cash Equivalents
0.65 -

dMY Technology Group VI Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Cash And Cash Equivalents Get a 7-Day Free Trial 0.65 0.29 0.01 0.03 -

dMY Technology Group VI 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.


dMY Technology Group VI  (NYSE:DMYS.U) 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.


dMY Technology Group VI Cash And Cash Equivalents Related Terms

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dMY Technology Group VI (dMY Technology Group VI) Business Description

Traded in Other Exchanges
N/A
Address
1180 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
dMY Technology Group Inc VI is a blank check company.