GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Ecosystem Development Corp (NAS:FEXD) » Definitions » Cash, Cash Equivalents, Marketable Securities

Fintech Ecosystem Development (Fintech Ecosystem Development) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Fintech Ecosystem Development Cash, Cash Equivalents, Marketable Securities?

Fintech Ecosystem Development's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 ($0.01 Mil) to Mar. 2023 ($0.01 Mil) but then stayed the same from Mar. 2023 ($0.01 Mil) to Jun. 2023 ($0.00 Mil).

Fintech Ecosystem Development's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2021 ($0.61 Mil) but then declined from Dec. 2021 ($0.61 Mil) to Dec. 2022 ($0.01 Mil).

Fintech Ecosystem Development Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Fintech Ecosystem Development'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.

Fintech Ecosystem Development Cash, Cash Equivalents, Marketable Securities Chart

Fintech Ecosystem Development Annual Data
Trend Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
0.61 0.01

Fintech Ecosystem Development Quarterly Data
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 0.02 0.02 0.01 0.01 -

Fintech Ecosystem Development 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.

Fintech Ecosystem Development  (NAS:FEXD) 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.

Fintech Ecosystem Development Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Fintech Ecosystem Development's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Fintech Ecosystem Development (Fintech Ecosystem Development) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fintech Ecosystem Development Corp (NAS:FEXD) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
FRLA INAQ TETE LIVB TRON KVSA OXUS SGII VHAQ GBBK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Springhouse Drive, Suite 204, Collegeville, PA, USA, 19426
Website
https://www.fintechecosys.com
Fintech Ecosystem Development Corp is a newly organized blank check company.
Executives
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Mizuho Americas Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Robin Sue Meister director FINTECH ECOSYSTEM DEVELOPMENT CORP., 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Jenny Junkeer officer: Chief Financial Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Revofast Llc 10 percent owner 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19420
Mubasshir Karim director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Saiful Khandaker officer: Chief Executive Officer 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Lynn Perkins director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426
Michael Stanley Tomczyk director 100 SPRINGHOUSE DRIVE, SUITE 204, COLLEGEVILLE PA 19426