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Golden Falcon Acquisition (Golden Falcon Acquisition) Cash And Cash Equivalents : $0.10 Mil (As of Mar. 2023)


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What is Golden Falcon Acquisition Cash And Cash Equivalents?

Golden Falcon Acquisition's quarterly cash and cash equivalents declined from Sep. 2022 ($0.05 Mil) to Dec. 2022 ($0.02 Mil) but then increased from Dec. 2022 ($0.02 Mil) to Mar. 2023 ($0.10 Mil).

Golden Falcon Acquisition's annual cash and cash equivalents declined from Dec. 2020 ($0.99 Mil) to Dec. 2021 ($0.01 Mil) but then increased from Dec. 2021 ($0.01 Mil) to Dec. 2022 ($0.02 Mil).


Golden Falcon Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Golden Falcon 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.

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Golden Falcon Acquisition Cash And Cash Equivalents Chart

Golden Falcon Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Cash And Cash Equivalents
0.99 0.01 0.02

Golden Falcon Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.22 0.09 0.05 0.02 0.10

Golden Falcon 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.


Golden Falcon Acquisition  (NYSE:GFX) 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.


Golden Falcon Acquisition Cash And Cash Equivalents Related Terms

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Golden Falcon Acquisition (Golden Falcon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19711
Golden Falcon Acquisition Corp is a blank check company.
Executives
Falcon Edge Capital, Lp 10 percent owner 667 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10065
Rick Matthew Gerson 10 percent owner 70 GREENE STREET, APT. PH, NEW YORK NY 10012
Martin Pompadur director
Scott J Freidheim director 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Eli Muraidekh director, officer: Chief Financial Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Basnage De Beauval John M. officer: General Counsel and Secretary C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Xavier R. Rolet director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Mikael Breuer-weil director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Dominique D'hinnin director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Isabelle Amiel Azoulai director C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Golden Falcon Sponsor Group, Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711
Makram Azar director, officer: Chief Executive Officer C/O GOLDEN FALCON ACQUISITION CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19711

Golden Falcon Acquisition (Golden Falcon Acquisition) Headlines

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