Pivotal Investment III (Pivotal Investment III) Cash And Cash Equivalents : $0.03 Mil (As of Jun. 2023)

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

What is Pivotal Investment III Cash And Cash Equivalents?

Pivotal Investment III's quarterly cash and cash equivalents declined from Dec. 2022 ($0.36 Mil) to Mar. 2023 ($0.09 Mil) but then stayed the same from Mar. 2023 ($0.09 Mil) to Jun. 2023 ($0.03 Mil).

Pivotal Investment III's annual cash and cash equivalents increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.56 Mil) but then declined from Dec. 2021 ($0.56 Mil) to Dec. 2022 ($0.36 Mil).

Pivotal Investment III Cash And Cash Equivalents Historical Data

The historical data trend for Pivotal Investment 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.

Pivotal Investment III Cash And Cash Equivalents Chart

Pivotal Investment III Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.56

0.36

Pivotal Investment III Quarterly Data
	Nov20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.23	0.08	0.36	0.09	0.03

Pivotal Investment 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.

Pivotal Investment III (OTCPK:PICC.U) 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.

Pivotal Investment III Cash And Cash Equivalents Related Terms

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

Pivotal Investment III (Pivotal Investment III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pivotal Investment Corp III (OTCPK:PICC.U) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.pivotalic.com

Pivotal Investment Corp III is a blank check company.

Executives

Jonathan J Ledecky	director, 10 percent owner	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin	director, 10 percent owner, officer: Chief Executive Officer	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc	10 percent owner	C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont	director	C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver	director	100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady	officer: Chief Financial Officer	1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams	director	C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic	director	C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz	officer: Chief Operating Officer	C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

Pivotal Investment III (Pivotal Investment III) Headlines

From GuruFocus

Pivotal Investment Corporation III Announces Process and Timing of Redemption of Public Shares

By Marketwired • 09-01-2023

Pivotal Investment Corp. III to Appeal Delisting Determination by NYSE

By sperokesalga sperokesalga • 03-01-2023

Pivotal Investment Corp. III Announces Closing of $276,000,000 Initial Public Offering

By Business Wire Business Wire • 02-12-2021