CHP Merger (CHP Merger) Cash, Cash Equivalents, Marketable Securities : $0.10 Mil (As of Dec. 2021)

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What is CHP Merger Cash, Cash Equivalents, Marketable Securities?

CHP Merger's quarterly cash, cash equivalents, marketable securities declined from Jun. 2021 ($0.56 Mil) to Sep. 2021 ($0.38 Mil) but then stayed the same from Sep. 2021 ($0.38 Mil) to Dec. 2021 ($0.10 Mil).

CHP Merger's annual cash, cash equivalents, marketable securities declined from Dec. 2019 ($1.30 Mil) to Dec. 2020 ($0.60 Mil) and declined from Dec. 2020 ($0.60 Mil) to Dec. 2021 ($0.10 Mil).

CHP Merger Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for CHP Merger's Cash, Cash Equivalents, Marketable Securities 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.

CHP Merger Cash, Cash Equivalents, Marketable Securities Chart

CHP Merger Annual Data

Trend

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

1.30

0.60

0.10

CHP Merger Quarterly Data
	Jul19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial				0.60	0.24	0.56	0.38	0.10

CHP Merger Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

CHP Merger (NAS:CHPM) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

CHP Merger Cash, Cash Equivalents, Marketable Securities Related Terms

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CHP Merger (CHP Merger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » CHP Merger Corp (NAS:CHPM) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Deforest Avenue, Suite 108, Summit, NJ, USA, 07901

Website

https://concordhp.com

CHP Merger Corp is a blank check company.

Executives

Magnetar Financial Llc	10 percent owner	1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Magnetar Capital Partners Lp	10 percent owner	1603 ORRINGTON AVE., 13TH FLOOR, EVANSTON IL 60201
Supernova Management Llc	10 percent owner	1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Alec N Litowitz	10 percent owner	C/O MAGNETAR FINANCIAL LLC, 1603 ORRINGTON AVENUE, 13TH FLOOR, EVANSTON IL 60201
Joseph Swedish	director	WELLPOINT, INC., 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kenneth R Goulet	director	C/O SHARECARE, INC., 255 EAST PACES FERRY ROAD NE, SUITE 700, ATLANTA GA 30305
Jack W. Krouskup	director	1515 WEST 190TH STREET, SUITE 275, GARDENA CA 90248
James T. Olsen	director, officer: Chief Executive Officer	C/O CHP MERGER CORP., 25 DEFOREST AVENUE, SUITE 108, SUMMIT NJ 07901
Chp Acquisition Holdings Llc	10 percent owner	C/O CHP ACQUISITION HOLDINGS LLC, 25 DEFOREST AVENUE, SUITE 108, SUMMIT NJ 07901
James A Deal	director
Benson Jose	officer: Chief Financial Officer	25 DEFOREST AVENUE, SUITE 108, SUMMIT NJ 07901