Lefteris Acquisition (Lefteris Acquisition) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Jun. 2022)

View and export this data going back to 2020. Start your Free Trial

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

Lefteris Acquisition's quarterly cash, cash equivalents, marketable securities declined from Dec. 2021 ($1.02 Mil) to Mar. 2022 ($0.00 Mil) but then stayed the same from Mar. 2022 ($0.00 Mil) to Jun. 2022 ($0.00 Mil).

Lefteris Acquisition's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2020 ($1.02 Mil) but then stayed the same from Dec. 2020 ($1.02 Mil) to Dec. 2021 ($1.02 Mil).

Lefteris Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Lefteris 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.

Lefteris Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Lefteris Acquisition Annual Data

Trend

Dec20

Dec21

Cash, Cash Equivalents, Marketable Securities

1.02

Lefteris Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			0.36	0.07	1.02	-	-

Lefteris 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.

Lefteris Acquisition (NAS:LFTR) 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.

Lefteris Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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

Lefteris Acquisition (Lefteris Acquisition) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

292 Newbury Street, Suite 293, Boston, MA, USA, 02115

Website

Lefteris Acquisition Corp is a blank check company.

Executives

Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Mark S Casady	director, 10 percent owner, officer: Chairman of the Board	C/O ONE BEACON STREET, 22ND FLOOR, BOSTON MA 02108
Jon D Isaacson	officer: Chief Financial Officer	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
Karl A Roessner	director, officer: Chief Executive Officer	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
David P. Bergers	officer: General Counsel	75 STATE STREET, 23RD FLOOR, BOSTON MA 02109
Ryan Parker	director	C/O LPL FINANCIAL HOLDINGS, INC., 75 STATE STREET, 24TH FLOOR, BOSTON MA 02109
Charles Roame	director	1735 TIBURON BOULEVARD, TIBURON CA 94920
Lefteris Holdings Llc	10 percent owner	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115
April Rudin	director	292 NEWBURY STREET, SUITE 293, BOSTON MA 02115

Lefteris Acquisition (Lefteris Acquisition) Headlines

From GuruFocus

Lefteris Successfully Completes its Initial Public Offering

By PRNewswire PRNewswire • 10-23-2020

Lefteris Acquisition Corp. Provides Update on Periodic Reporting

By PRNewswire PRNewswire • 05-28-2021

Lefteris Acquisition Corp. Announces the Separate Trading of its Shares of Class A Common Stock and Redeemable Warrants Commencing December 15, 2020

By PRNewswire PRNewswire • 12-12-2020