GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Oaktree Acquisition Corp (NYSE:OAC.U) » Definitions » Cash, Cash Equivalents, Marketable Securities

Oaktree Acquisition (Oaktree Acquisition) Cash, Cash Equivalents, Marketable Securities : $1.26 Mil (As of Sep. 2020)


View and export this data going back to 2019. Start your Free Trial

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

Oaktree Acquisition's quarterly cash, cash equivalents, marketable securities declined from Mar. 2020 ($1.48 Mil) to Jun. 2020 ($1.39 Mil) but then stayed the same from Jun. 2020 ($1.39 Mil) to Sep. 2020 ($1.26 Mil).

Oaktree Acquisition's annual cash, cash equivalents, marketable securities stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2019 ($1.51 Mil).

Oaktree Acquisition Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Oaktree 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.

Oaktree Acquisition Cash, Cash Equivalents, Marketable Securities Chart

Oaktree Acquisition Annual Data
Trend Dec19
Cash, Cash Equivalents, Marketable Securities
1.51

Oaktree Acquisition Quarterly Data
Apr19 Sep19 Dec19 Mar20 Jun20 Sep20
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 1.78 1.51 1.48 1.39 1.26

Oaktree 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.

Oaktree Acquisition  (NYSE:OAC.U) 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.

Oaktree Acquisition Cash, Cash Equivalents, Marketable Securities Related Terms

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

Oaktree Acquisition (Oaktree Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Oaktree Acquisition Corp (NYSE:OAC.U) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
LHC LATN FMCI SCPE SCVX DMYT MFAC GIX AMCI NPA CCXX CCX FPAC VTIQ SPAQ FEAC CCH CPAA LSE:EVRA GHIV
Traded in Other Exchanges
N/A
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Website
https://www.oaktreeacquisitioncorp.com
Oaktree Acquisition Corp is a blank check company.
Executives
Zaid Pardesi officer: Chief Financial Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group Holdings Gp, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Group, Llc 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Capital Management Lp 10 percent owner 333 S GRAND AVE 28TH FL, LOS ANGELES CA 90071
Oaktree Holdings, Inc. 10 percent owner 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Paul M Meister director 18 SHIP ROCK ROAD, NORTH HAMPTON NH 03862
John Frank director C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Andrea L Wong director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Mathew Pendo officer: Chief Operating Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
Alexander Taubman director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Patrick Mccaney director, officer: Chief Executive Officer C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings Gp Ltd. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071
Oaktree Acquisition Holdings, L.p. 10 percent owner 333 S. GRAND AVE., 28TH FLOOR, LOS ANGELES CA 90071