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Worldwide Webb Acquisition (Worldwide Webb Acquisition) Cash And Cash Equivalents : $0.04 Mil (As of Jun. 2023)


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What is Worldwide Webb Acquisition Cash And Cash Equivalents?

Worldwide Webb Acquisition's quarterly cash and cash equivalents declined from Dec. 2022 ($0.05 Mil) to Mar. 2023 ($0.01 Mil) but then increased from Mar. 2023 ($0.01 Mil) to Jun. 2023 ($0.04 Mil).

Worldwide Webb Acquisition's annual cash and cash equivalents increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.50 Mil) but then declined from Dec. 2021 ($0.50 Mil) to Dec. 2022 ($0.05 Mil).


Worldwide Webb Acquisition Cash And Cash Equivalents Historical Data

The historical data trend for Worldwide Webb 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.

* Premium members only.

Worldwide Webb Acquisition Cash And Cash Equivalents Chart

Worldwide Webb Acquisition Annual Data
Trend Dec21 Dec22
Cash And Cash Equivalents
0.50 0.05

Worldwide Webb Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash And Cash Equivalents Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.09 0.05 0.01 0.04

Worldwide Webb 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.


Worldwide Webb Acquisition  (NAS:WWAC) 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.


Worldwide Webb Acquisition Cash And Cash Equivalents Related Terms

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Worldwide Webb Acquisition (Worldwide Webb Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
770 E Technology Way F13-16, Orem, UT, USA, 84097
Website
Worldwide Webb Acquisition Corp is a blank check company.
Executives
Tony Marion Pearce director, officer: Executive Chairman 123 EAST 200 NORTH, ALPINE UT 84004
Terry Vernon Pearce director, officer: Executive Vice-Chairman 123 EAST 200 NORTH, ALPINE UT 84004
David V. Crowder director C/O GSV CAPITAL CORP., 2956 WOODSIDE ROAD, WOODSIDE CA 94062
Lynne Marie Laube director C/O CARDLYTICS, INC., 675 PONCE DE LEON AVENUE NE, SUITE 6000, ATLANTA GA 30308
Tanner Ainge director 1633 W. INNOVATION WAY, 5TH FLOOR, LEHI UT 84043
Worldwide Webb Acquisition Sponsor, Llc 10 percent owner 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Daniel S. Webb director, 10 percent owner, officer: CEO, CFO 770 E TECHNOLOGY WAY F13-16, OREM UT 84097
Davis Smith director 770 E TECHNOLOGY WAY F13-16, OREM UT 84097