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TGAAF (Target Global Acquisition I) Cash And Cash Equivalents : $0.01 Mil (As of Dec. 2024)


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What is Target Global Acquisition I Cash And Cash Equivalents?

Target Global Acquisition I's quarterly cash and cash equivalents stayed the same from Jun. 2024 ($0.01 Mil) to Sep. 2024 ($0.01 Mil) and stayed the same from Sep. 2024 ($0.01 Mil) to Dec. 2024 ($0.01 Mil).

Target Global Acquisition I's annual cash and cash equivalents declined from Dec. 2022 ($0.39 Mil) to Dec. 2023 ($0.01 Mil) but then increased from Dec. 2023 ($0.01 Mil) to Dec. 2024 ($0.01 Mil).

Target Global Acquisition I Cash And Cash Equivalents Historical Data

The historical data trend for Target Global Acquisition I'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.

Target Global Acquisition I Cash And Cash Equivalents Chart

Target Global Acquisition I Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Cash And Cash Equivalents
1.01 0.39 0.01 0.01

Target Global Acquisition I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Target Global Acquisition I 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.

Target Global Acquisition I  (OTCPK:TGAAF) 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.

Target Global Acquisition I Cash And Cash Equivalents Related Terms

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Target Global Acquisition I Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Target Global Acquisition I Corp (OTCPK:TGAAF) » Definitions » Cash And Cash Equivalents
Comparable Companies
BHAC JVSA CRTAF CBRRF NFTN ASPC ATEK BLUAF COLA AITR AACT ANSC AAM EQV NETD GATE CEP CCIX KFII CCIR
Traded in Other Exchanges
N/A
Address
Governors Square, 23 Lime Tree Bay Avenue, PO Box 10176, Grand Cayman, CYM, KY1-1002
Website
https://www.tgacquisition1.com
Target Global Acquisition I Corp is a blank check company.
Executives
Target Global Sponsor Ltd. 10 percent owner UGLAND HOUSE, PO BOX 309, GRAND CAYMAN E9 KY1-1104
Yaron Valler officer: Chief Investment Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Gerhard Cromme director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Shmuel Chafets officer: Chief Executive Officer BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Lars Hinrichs director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Sigal Regev Rosenberg director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Heiko Dimmerling director, officer: CFO and Director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Michael James Abbott director BOUNDARY HALL, PO BOX 1093, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102