Climate Transition Capital Acquisition I BV (FRA:2M9) Cash, Cash Equivalents, Marketable Securities : €1.37 Mil (As of Dec. 2022)

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What is Climate Transition Capital Acquisition I BV Cash, Cash Equivalents, Marketable Securities?

Climate Transition Capital Acquisition I BV's quarterly cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Jun. 2022 (€1.60 Mil) but then stayed the same from Jun. 2022 (€1.60 Mil) to Dec. 2022 (€1.37 Mil).

Climate Transition Capital Acquisition I BV's annual cash, cash equivalents, marketable securities increased from . 20 (€0.00 Mil) to Dec. 2021 (€2.37 Mil) but then declined from Dec. 2021 (€2.37 Mil) to Dec. 2022 (€1.37 Mil).

Climate Transition Capital Acquisition I BV Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Climate Transition Capital Acquisition I BV'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.

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Climate Transition Capital Acquisition I BV Cash, Cash Equivalents, Marketable Securities Chart

Climate Transition Capital Acquisition I BV Annual Data

Trend

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

2.37

1.37

Climate Transition Capital Acquisition I BV Semi-Annual Data
	Jun22	Dec22
Cash, Cash Equivalents, Marketable Securities	1.60	1.37

Climate Transition Capital Acquisition I BV 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.

Climate Transition Capital Acquisition I BV (FRA:2M9) 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.

Climate Transition Capital Acquisition I BV Cash, Cash Equivalents, Marketable Securities Related Terms

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Climate Transition Capital Acquisition I BV (FRA:2M9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Climate Transition Capital Acquisition I BV (FRA:2M9) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Basisweg 10, Amsterdam, NH, NLD, 1043 AP

Website

https://climatetransitioncapital.com

Climate Transition Capital Acquisition I BV is a special-purpose acquisition company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with or acquisition of a target business or entity.

Climate Transition Capital Acquisition I BV (FRA:2M9) Headlines

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