Sagaliam Acquisition (Sagaliam Acquisition) Cash And Cash Equivalents : $0.54 Mil (As of Sep. 2023)

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What is Sagaliam Acquisition Cash And Cash Equivalents?

Sagaliam Acquisition's quarterly cash and cash equivalents stayed the same from Mar. 2023 ($0.00 Mil) to Jun. 2023 ($0.00 Mil) but then increased from Jun. 2023 ($0.00 Mil) to Sep. 2023 ($0.54 Mil).

Sagaliam Acquisition's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.76 Mil) but then declined from Dec. 2021 ($0.76 Mil) to Dec. 2022 ($0.00 Mil).

Sagaliam Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Sagaliam 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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Sagaliam Acquisition Cash And Cash Equivalents Chart

Sagaliam Acquisition Annual Data

Trend

Dec21

Dec22

Cash And Cash Equivalents

0.76

Sagaliam Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.11	-	-	-	0.54

Sagaliam 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.

Sagaliam Acquisition (NAS:SAGA) 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.

Sagaliam Acquisition Cash And Cash Equivalents Related Terms

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Sagaliam Acquisition (Sagaliam Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Sagaliam Acquisition Corp (NAS:SAGA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1800 Avenue of the Stars, Suite 1475, Los Angeles, CA, USA, 90067

Website

https://www.sagaliam.com

Sagaliam Acquisition Corp is a blank check company.

Executives

Gld Sponsor Member, Llc	10 percent owner	11420 SANTA MONICA BLVD, BOX 251961, LOS ANGELES CA 90025
Alan H Ginsburg	10 percent owner	161 PALMER AVNUE, WINTER PARK FL 32789
Barry Kostiner	director, officer: Chairman and CEO	C/O AMERI HOLDINGS, INC., 5000 RESEARCH COURT, SUITE 750, SUWANEE GA 30024
Sagaliam Sponsor Llc	10 percent owner	1835 W. OLYMPIC BLVD, SUITE 1150E, LOS ANGELES CA 90064
Thomas W. Neukranz	director, officer: Chief Financial Officer	1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
George Caruolo	director	1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Virginia Gabriel Del	director	1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Glauco Lolli-ghetti	director	1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067
Jiayin Liu	officer: VP, Business Development	1800 AVENUE OF THE STARS, SUITE 1475, LOS ANGELES CA 90067