Gesher I Acquisition (Gesher I Acquisition) Cash And Cash Equivalents : $0.18 Mil (As of Sep. 2022)

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What is Gesher I Acquisition Cash And Cash Equivalents?

Gesher I Acquisition's quarterly cash and cash equivalents declined from Mar. 2022 ($0.32 Mil) to Jun. 2022 ($0.23 Mil) but then stayed the same from Jun. 2022 ($0.23 Mil) to Sep. 2022 ($0.18 Mil).

Gesher I Acquisition's annual cash and cash equivalents stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Sep. 2022 ($0.18 Mil).

Gesher I Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Gesher 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.

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Gesher I Acquisition Cash And Cash Equivalents Chart

Gesher I Acquisition Annual Data

Trend

Sep22

Cash And Cash Equivalents

0.18

Gesher I Acquisition Quarterly Data
	Feb21	Jun21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial			-	0.45	0.32	0.23	0.18

Gesher 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.

Gesher I Acquisition (NAS:GIAC) 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.

Gesher I Acquisition Cash And Cash Equivalents Related Terms

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Gesher I Acquisition (Gesher I Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gesher I Acquisition Corp (NAS:GIAC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR

Website

https://www.gesherspac.com

Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.

Executives

Noah G. Levy	director	60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman	director	C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev	director	C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner	director, 10 percent owner, officer: Chief Executive Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc	10 percent owner	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward	officer: Chief Financial Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni	director, 10 percent owner, officer: Chief Operating Officer	HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925