Generation Asia I Acquisition (Generation Asia I Acquisition) Cash And Cash Equivalents : $0.13 Mil (As of Mar. 2024)

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What is Generation Asia I Acquisition Cash And Cash Equivalents?

Generation Asia I Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.33 Mil) to Dec. 2023 ($0.32 Mil) but then stayed the same from Dec. 2023 ($0.32 Mil) to Mar. 2024 ($0.13 Mil).

Generation Asia I Acquisition's annual cash and cash equivalents increased from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.29 Mil) and increased from Dec. 2022 ($0.29 Mil) to Dec. 2023 ($0.32 Mil).

Generation Asia I Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Generation Asia I 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.

Generation Asia I Acquisition Cash And Cash Equivalents Chart

Generation Asia I Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.13

0.29

0.32

Generation Asia I Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial								0.14	0.08	0.33	0.32	0.13

Generation Asia I 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.

Generation Asia I Acquisition (NAS:GAQ) 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.

Generation Asia I Acquisition Cash And Cash Equivalents Related Terms

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Generation Asia I Acquisition (Generation Asia I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Generation Asia I Acquisition Ltd (NAS:GAQ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cricket Square, Boundary Hall, Grand Cayman, CYM, KY1-1102

Website

https://gaq.gen-mgmt.com

Generation Asia I Acquisition Ltd is a blank check company.

Executives

Mei Gao	director	101 CENTRAL PARK WEST, 4B, NEW YORK NY 10023
Sunghwan Cho	director	C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Roy Kuan	director, officer: Chief Executive Officer	68 YEE WO STREET, 18/F, CAUSEWAY BAY K3 00000
Kwok Catherine Chung Ka	officer: Chief Financial Officer	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Norimitsu Niwa	director, officer: Chief Operating Officer	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3
Gary Wb Chan	director	TWO EXCHANGE SQUARE, SUITE 3102, 8 CONNAUGHT PLACE, HONG KONG K3