GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Path Acquisition Corp (NAS:GPCOW) » Definitions » Cash And Cash Equivalents

GPCOW (Golden Path Acquisition) Cash And Cash Equivalents : $0.00 Mil (As of Jun. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Golden Path Acquisition Cash And Cash Equivalents?

Golden Path Acquisition's quarterly cash and cash equivalents declined from Dec. 2021 ($0.05 Mil) to Mar. 2022 ($0.03 Mil) but then stayed the same from Mar. 2022 ($0.03 Mil) to Jun. 2022 ($0.00 Mil).

Golden Path Acquisition's annual cash and cash equivalents increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.02 Mil) and increased from Dec. 2020 ($0.02 Mil) to Dec. 2021 ($0.05 Mil).

Golden Path Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Golden Path 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.

Golden Path Acquisition Cash And Cash Equivalents Chart

Golden Path Acquisition Annual Data
Trend Dec19 Dec20 Dec21
Cash And Cash Equivalents
- 0.02 0.05

Golden Path Acquisition Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.51 0.04 0.05 0.03 -

Golden Path 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 Path Acquisition  (NAS:GPCOW) 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 Path Acquisition Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Golden Path Acquisition's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Path Acquisition Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Path Acquisition Corp (NAS:GPCOW) » Definitions » Cash And Cash Equivalents
Comparable Companies
NOVV GDST PPHP PAFO MCAF BSGA HHGC THCA ASPA DILA GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
100 Park Avenue, New York, NY, USA, 10017
Website
Golden Path Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.