FinTech Acquisition V (FinTech Acquisition V) Cash, Cash Equivalents, Marketable Securities : $0.15 Mil (As of Sep. 2022)

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What is FinTech Acquisition V Cash, Cash Equivalents, Marketable Securities?

FinTech Acquisition V's quarterly cash, cash equivalents, marketable securities declined from Mar. 2022 ($0.34 Mil) to Jun. 2022 ($0.31 Mil) but then stayed the same from Jun. 2022 ($0.31 Mil) to Sep. 2022 ($0.15 Mil).

FinTech Acquisition V's annual cash, cash equivalents, marketable securities increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($1.05 Mil) but then declined from Dec. 2020 ($1.05 Mil) to Dec. 2021 ($0.04 Mil).

FinTech Acquisition V Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for FinTech Acquisition V'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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FinTech Acquisition V Cash, Cash Equivalents, Marketable Securities Chart

FinTech Acquisition V Annual Data

Trend

Dec19

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

1.05

0.04

FinTech Acquisition V Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial				0.26	0.04	0.34	0.31	0.15

FinTech Acquisition V 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 Acquisition V (NAS:FTCV) 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 Acquisition V Cash, Cash Equivalents, Marketable Securities Related Terms

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FinTech Acquisition V (FinTech Acquisition V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FinTech Acquisition Corp V (NAS:FTCV) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2929 Arch Street, Suite 1703, Philadelphia, MN, USA, 19104

Website

FinTech Acquisition Corp V is a blank check company.

Executives

Luxor Capital Group, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Daniel S Loeb	10 percent owner	THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Lcg Holdings Llc	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd	10 percent owner	C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp	10 percent owner	7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Long Offshore, Ltd.	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, P.O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Capital Partners Long, Lp	10 percent owner	1114 AVENUE OF THE AMERICAS, 28TH FLOOR, NEW YORK NY 10036
Third Point Llc	10 percent owner	55 HUDSON YARDS, NEW YORK NY 10001
Lesley Goldwasser	director	312 W. 102ND ST., NEW YORK NY 10025
Betsy Z Cohen	director
Mcentee James J Iii	officer: President and Secretary	405 SILVERSIDE ROAD, WILMINGTON DE 19809
Brittain Ezzes	director	2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Douglas Listman	officer: Chief Financial Officer	2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Daniel G Cohen	officer: Chief Executive Officer	712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019