Western Acquisition Ventures (Western Acquisition Ventures) Cash And Cash Equivalents : $0.00 Mil (As of Dec. 2023)

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What is Western Acquisition Ventures Cash And Cash Equivalents?

Western Acquisition Ventures's quarterly cash and cash equivalents increased from Jun. 2023 ($0.26 Mil) to Sep. 2023 ($0.30 Mil) but then stayed the same from Sep. 2023 ($0.30 Mil) to Dec. 2023 ($0.00 Mil).

Western Acquisition Ventures's annual cash and cash equivalents increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.81 Mil) but then declined from Dec. 2022 ($0.81 Mil) to Dec. 2023 ($0.00 Mil).

Western Acquisition Ventures Cash And Cash Equivalents Historical Data

The historical data trend for Western Acquisition Ventures'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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Western Acquisition Ventures Cash And Cash Equivalents Chart

Western Acquisition Ventures Annual Data

Trend

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.81

Western Acquisition Ventures Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial						0.81	0.39	0.26	0.30	-

Western Acquisition Ventures 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.

Western Acquisition Ventures (NAS:WAVS) 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.

Western Acquisition Ventures Cash And Cash Equivalents Related Terms

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Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Western Acquisition Ventures Corp (NAS:WAVS) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Broadway, 12th Floor, New York, NY, USA, 10004

Website

https://www.westernacquisitionventures.com

Western Acquisition Ventures Corp is a blank check company.

Executives

Robin L Smith	director	C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern	director	STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen	director, officer: Chief Executive Officer	6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp.	other: Underwriter	88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak	director, 10 percent owner, other: Chief Financial Officer	8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc	10 percent owner	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri	director	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi	director	42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

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