CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Cash And Cash Equivalents : $0.02 Mil (As of Jun. 2023)

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

What is CC Neuberger Principal Holdings III Cash And Cash Equivalents?

CC Neuberger Principal Holdings III's quarterly cash and cash equivalents declined from Dec. 2022 ($0.40 Mil) to Mar. 2023 ($0.22 Mil) but then stayed the same from Mar. 2023 ($0.22 Mil) to Jun. 2023 ($0.02 Mil).

CC Neuberger Principal Holdings III's annual cash and cash equivalents increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.91 Mil) but then declined from Dec. 2021 ($0.91 Mil) to Dec. 2022 ($0.40 Mil).

CC Neuberger Principal Holdings III Cash And Cash Equivalents Historical Data

The historical data trend for CC Neuberger Principal Holdings 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.

CC Neuberger Principal Holdings III Cash And Cash Equivalents Chart

CC Neuberger Principal Holdings III Annual Data

Trend

Dec20

Dec21

Dec22

Cash And Cash Equivalents

0.91

0.40

CC Neuberger Principal Holdings III Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash And Cash Equivalents	Get a 7-Day Free Trial					0.50	0.45	0.40	0.22	0.02

CC Neuberger Principal Holdings 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.

CC Neuberger Principal Holdings III (NYSE:PRPC) 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.

CC Neuberger Principal Holdings III Cash And Cash Equivalents Related Terms

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

CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CC Neuberger Principal Holdings III (NYSE:PRPC) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Park Avenue, 58th Floor, New York, NY, USA, 10166

Website

https://www.ccnbprincipal.com

CC Neuberger Principal Holdings III is a blank check company.

Executives

Matthew Mannelly	director	C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr	director	2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu	director, officer: Chief Executive Officer	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano	officer: EVP, Corporate Development	345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe	officer: Chief Financial Officer	C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell	director	388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton	officer: EVP, Corporate Development	1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor	director	C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc	director, 10 percent owner	C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Headlines

No Headlines