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ESHA (ESH Acquisition) Cash And Cash Equivalents : $1.46 Mil (As of Sep. 2024)


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What is ESH Acquisition Cash And Cash Equivalents?

ESH Acquisition's quarterly cash and cash equivalents declined from Mar. 2024 ($1.82 Mil) to Jun. 2024 ($1.63 Mil) but then stayed the same from Jun. 2024 ($1.63 Mil) to Sep. 2024 ($1.46 Mil).

ESH Acquisition's annual cash and cash equivalents increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.05 Mil) and increased from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($1.88 Mil).

ESH Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for ESH 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.

ESH Acquisition Cash And Cash Equivalents Chart

ESH Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash And Cash Equivalents
- 0.05 1.88

ESH Acquisition Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.97 1.88 1.82 1.63 1.46

ESH 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.

ESH Acquisition  (NAS:ESHA) 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.

ESH Acquisition Cash And Cash Equivalents Related Terms

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ESH Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESH Acquisition Corp (NAS:ESHA) » Definitions » Cash And Cash Equivalents
Comparable Companies
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Traded in Other Exchanges
N/A
Address
228 Park Avenue S, Suite 89898, New York, NY, USA, 10003-1502
Website
ESH Acquisition Corp is a newly organized blank check company.
Executives
James L Francis director, 10 percent owner, officer: Chief Executive Officer 1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jonathan D Morris director, officer: Chief Financial Officer C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Christina M Francis director 104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Thomas Wolber director 1724 WINDERMERE DOWNS PL, WINDERMERE FL 34786
Christopher Homer Ackerley director 1840 BROADMOOR DR E, SEATTLE WA 98112
Jonathan Gordon director 270 LAFAYETTER STREET, SUITE 810, NEW YORK NY 10012