TMT Acquisition (TMT Acquisition) Cash And Cash Equivalents : $0.30 Mil (As of Mar. 2024)

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What is TMT Acquisition Cash And Cash Equivalents?

TMT Acquisition's quarterly cash and cash equivalents declined from Sep. 2023 ($0.06 Mil) to Dec. 2023 ($0.05 Mil) but then increased from Dec. 2023 ($0.05 Mil) to Mar. 2024 ($0.30 Mil).

TMT Acquisition's annual cash and cash equivalents declined from Dec. 2021 ($0.20 Mil) to Dec. 2022 ($0.05 Mil) but then stayed the same from Dec. 2022 ($0.05 Mil) to Dec. 2023 ($0.05 Mil).

TMT Acquisition Cash And Cash Equivalents Historical Data

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

TMT Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.20

0.05

TMT Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.33	0.12	0.06	0.05	0.30

TMT 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.

TMT Acquisition (NAS:TMTC) 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.

TMT Acquisition Cash And Cash Equivalents Related Terms

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TMT Acquisition (TMT Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Fifth Avenue, Suite 938, New York, NY, USA, 10110

Website

TMT Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

2tm Holding Lp	10 percent owner	500 FIFTH AVENUE, SUITE 938, NEW YORK NY 10110
Christopher Constable	director	3000 NW 109TH AVE, MIAMI FL 33172
Dajiang Guo	director, officer: Chief Executive Officer	C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
Jichuan Yang	officer: Chief Financial Officer	C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110
James Edward Burns	director	3322 DESERT INN, MONTGOMERY TX 77356
Kenan Gong	director	C/O ALPHATIME ACQUISITION CORP, 500 5TH AVENUE, SUITE 938, NEW YORK NY 10110

TMT Acquisition (TMT Acquisition) Headlines

From GuruFocus

TMT Acquisition Corp Announces the Separate Trading of its Ordinary Shares and Rights Commencing on May 1, 2023

By sperokesalga sperokesalga • 04-27-2023

TMT Acquisition Corp Announces Closing of $60 Million Initial Public Offering

By sperokesalga sperokesalga • 03-30-2023

TMT Acquisition Corp Announces Pricing of $60 Million Initial Public Offering

By sperokesalga sperokesalga • 03-28-2023