Fortress Value Acquisition III (Fortress Value Acquisition III) Cash And Cash Equivalents : $0.20 Mil (As of Sep. 2022)

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What is Fortress Value Acquisition III Cash And Cash Equivalents?

Fortress Value Acquisition III's quarterly cash and cash equivalents increased from Mar. 2022 ($0.04 Mil) to Jun. 2022 ($0.13 Mil) and increased from Jun. 2022 ($0.13 Mil) to Sep. 2022 ($0.20 Mil).

Fortress Value Acquisition III's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2020 ($0.01 Mil) and increased from Dec. 2020 ($0.01 Mil) to Dec. 2021 ($0.13 Mil).

Fortress Value Acquisition III Cash And Cash Equivalents Historical Data

The historical data trend for Fortress Value 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.

Fortress Value Acquisition III Cash And Cash Equivalents Chart

Fortress Value Acquisition III Annual Data

Trend

Dec20

Dec21

Cash And Cash Equivalents

0.01

0.13

Fortress Value Acquisition III Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.32	0.13	0.04	0.13	0.20

Fortress Value 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.

Fortress Value Acquisition III (NYSE:FVT) 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.

Fortress Value Acquisition III Cash And Cash Equivalents Related Terms

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Fortress Value Acquisition III (Fortress Value Acquisition III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Value Acquisition Corp III (NYSE:FVT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 46th Floor, New York, NY, USA, 10105

Website

https://www.fortressvalueac3.com

Fortress Value Acquisition Corp III is a blank check company.

Executives

Christopher W Haga	director	PO BOX 10809, DAYTONA BEACH FL 32120
Andrew A. Mcknight	director, officer: Chief Executive Officer	ONE MARKET PLAZA, SPEAR TOWER 42ND FLOOR, SAN FRANCISCO CA 94123
Principal Holdings I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joshua A Pack	director	C/O FIG LLC, 10250 CONSTELLATION BLVD., SUITE 1600, LOS ANGELES CA 90067
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Micah B Kaplan	officer: Chief Operating Officer	C/O FORTRESS INVESTMENT GROUP, LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander P Gillette	officer: General Counsel and Secretary	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Marc Furstein	director	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Leslee Cowen	director	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Acquisition Sponsor Iii Llc	10 percent owner	1345 AVENUE OF AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Noha H Carrington	director	C/O FORTRESS VALUE ACQUISITION CORP. III, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Amy Noblin	director	C/O FORTRESS VALUE ACQUISITION CORP. III, 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Value Acquisition III (Fortress Value Acquisition III) Headlines

From GuruFocus

Fortress Value Acquisition Corp. III Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing February 25, 2021

By Business Wire Business Wire • 02-23-2021

Fortress Value Acquisition Corp. III Announces Special Meeting

By Business Wire Business Wire • 10-12-2022