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Digital Transformation Opportunities (Digital Transformation Opportunities) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jun. 2023)


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What is Digital Transformation Opportunities Cash, Cash Equivalents, Marketable Securities?

Digital Transformation Opportunities's quarterly cash, cash equivalents, marketable securities declined from Dec. 2022 ($0.37 Mil) to Mar. 2023 ($0.00 Mil) but then stayed the same from Mar. 2023 ($0.00 Mil) to Jun. 2023 ($0.00 Mil).

Digital Transformation Opportunities's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.80 Mil) but then declined from Dec. 2021 ($0.80 Mil) to Dec. 2022 ($0.37 Mil).

Digital Transformation Opportunities Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Digital Transformation Opportunities'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.

Digital Transformation Opportunities Cash, Cash Equivalents, Marketable Securities Chart

Digital Transformation Opportunities Annual Data
Trend Dec20 Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
- 0.80 0.37

Digital Transformation Opportunities Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.29 0.23 0.37 - -

Digital Transformation Opportunities 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.

Digital Transformation Opportunities  (NAS:DTOC) 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.

Digital Transformation Opportunities Cash, Cash Equivalents, Marketable Securities Related Terms

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Digital Transformation Opportunities (Digital Transformation Opportunities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Digital Transformation Opportunities Corp (NAS:DTOC) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
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Traded in Other Exchanges
N/A
Address
10250 Constellation boulevard, Suite 23126, Los Angeles, CA, USA, 90067
Website
https://www.dtocorp.com
Digital Transformation Opportunities Corp is a blank check company.
Executives
Garheng Kong 10 percent owner 712 COLLEGE AVENUE, MENLO PARK CA 94025
Healthquest Tactical Opportunities Fund, L.p. 10 percent owner 1301 SHOREWAY ROAD, SUITE 350, BELMONT CA 94002
Healthquest Tof Management, L.l.c. 10 percent owner 1301 SHOREWAY ROAD, SUITE 350, BELMONT CA 94002
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Brian R Hoesterey 10 percent owner C/O AEA INVESTORS LP, 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
David H Gould officer: Chief Financial Officer 7370 COLLEGE PARKWAY, SUITE 207, FORT MEYERS FL 33907
Erica Mallon officer: General Counsel 14543 GLOBAL PARKWAY, SUITE 110, FORT MEYERS FL 33913
Shalin Shah director 3402 W DR. MARTIN LUTHER KING JR. BLVD, TAMPA FL 33607
Vipul M Patel director 11704 SE 15TH CIRCLE, OCALA FL 34480
Todd Schonherz director, officer: Chief Executive Officer 14543 GLOBAL PARKWAY, 2ND FLOOR, FORT MEYERS FL 33913
Stephen Divers director, officer: Chief Medical Officer 133 HARMONY PARK CIRCLE, HOT SPRINGS AZ 71913
Vance Wright-browne director 22395 EDGEWATER DRIVE, PORT CHARLOTTE FL 33980
James Stith director ONE LETTERMAN DRIVE, CM200, SAN FRANCISCO CA 94129
Aea Growth Equity Fund Lp 10 percent owner 520 MADISON AVE, 40TH FLOOR, NEW YORK NY 10022