Aries I Acquisition (Aries I Acquisition) Cash And Cash Equivalents : $0.03 Mil (As of Sep. 2022)

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What is Aries I Acquisition Cash And Cash Equivalents?

Aries I Acquisition's quarterly cash and cash equivalents declined from Mar. 2022 ($0.03 Mil) to Jun. 2022 ($0.01 Mil) but then increased from Jun. 2022 ($0.01 Mil) to Sep. 2022 ($0.03 Mil).

Aries 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 Dec. 2021 ($0.26 Mil).

Aries I Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Aries 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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Aries I Acquisition Cash And Cash Equivalents Chart

Aries I Acquisition Annual Data

Trend

Dec21

Cash And Cash Equivalents

0.26

Aries I Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash And Cash Equivalents	Get a 7-Day Free Trial			0.82	0.26	0.03	0.01	0.03

Aries 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.

Aries I Acquisition (NAS:RAM) 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.

Aries I Acquisition Cash And Cash Equivalents Related Terms

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Aries I Acquisition (Aries I Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

90 N. Church Street, P.O. Box 10315, Grand Cayman, CYM, KY-1003

Website

https://www.ariescorp.io

Aries 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, reorganization or similar business combination with one or more businesses.

Executives

Petros Kitsos	director	1901 AVENUE OF THE STARS, SUITE 200, LOS ANGELES CA 90067
Ritchie A R Thane	director	RITCHIE CAPITAL MANAGEMENT LLC, 2100 ENTERPRISE AVE, GENEVA IL 60134
Buford Ray Conley	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Aries Acquisition Partners Ltd	10 percent owner	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Dan Tapiero	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Randy Brinkley	director, officer: Chief Executive Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Paul S. Wolfe	officer: Chief Operating Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Ken Rosenblum	officer: General Counsel and Secretary	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Andrew Lester	officer: Chief Risk Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Josh Lewis	officer: Chief Information Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Nathan Smith	officer: Chief Financial Officer	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Dan K. Webb	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003
Mark G. Mykityshyn	director	C/O ARIES I ACQUISITION CORP., P.O. BOX 10315, GRAND CAYMAN E9 KY-1003