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

Swiftmerge Acquisition (Swiftmerge Acquisition) Cash, Cash Equivalents, Marketable Securities : $0.03 Mil (As of Mar. 2024)


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

What is Swiftmerge Acquisition Cash, Cash Equivalents, Marketable Securities?

Swiftmerge Acquisition's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($0.07 Mil) to Dec. 2023 ($0.15 Mil) but then stayed the same from Dec. 2023 ($0.15 Mil) to Mar. 2024 ($0.03 Mil).

Swiftmerge Acquisition's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($0.88 Mil) to Dec. 2022 ($0.46 Mil) and declined from Dec. 2022 ($0.46 Mil) to Dec. 2023 ($0.15 Mil).

Swiftmerge Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Swiftmerge Acquisition'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.

Swiftmerge Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Swiftmerge Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
0.88 0.46 0.15

Swiftmerge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.18 0.17 0.07 0.15 0.03

Swiftmerge Acquisition 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.

Swiftmerge Acquisition  (NAS:IVCP) 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.

Swiftmerge Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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

Swiftmerge Acquisition (Swiftmerge Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Swiftmerge Acquisition Corp (NAS:IVCP) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
DMYY BRAC IPVF TRCA APAC BACA GDST RCAC DUET ASCB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Park Royal, Executive Suite 200, West Vancouver, BC, CAN, V7T 1A2
Website
https://www.swiftmerg.com
Swiftmerge Acquisition Corp is a blank check company.
Executives
Wesley K Clark director 1 INFORMATION WAY, LITTLE ROCK AR 72202
Brett Conrad director 1312 CEDAR ST., SANTA MONICA CA 90405
Leonard Makowka director 2931 PLUMBROOK LANE, MAUMEE OH 43537
George L Jones director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher J Munyan officer: CFO C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Swiftmerge Holdings Llc 10 percent owner 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
John Bremner director, officer: CEO C/O SWIFTMERGE ACQUISITION, 2710, WEST VANCOUVER A1 V7V3A2
Lyder Courtney director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Aston Loch officer: COO and Secretary C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Sarah Boatman director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2