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Spree Acquisition 1 (Spree Acquisition 1) Cash, Cash Equivalents, Marketable Securities : $0.00 Mil (As of Mar. 2023)


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What is Spree Acquisition 1 Cash, Cash Equivalents, Marketable Securities?

Spree Acquisition 1's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($0.09 Mil) to Dec. 2022 ($0.01 Mil) but then stayed the same from Dec. 2022 ($0.01 Mil) to Mar. 2023 ($0.00 Mil).

Spree Acquisition 1's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2021 ($1.01 Mil) but then declined from Dec. 2021 ($1.01 Mil) to Dec. 2022 ($0.01 Mil).

Spree Acquisition 1 Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Spree Acquisition 1'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.

Spree Acquisition 1 Cash, Cash Equivalents, Marketable Securities Chart

Spree Acquisition 1 Annual Data
Trend Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
1.01 0.01

Spree Acquisition 1 Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 0.80 0.44 0.09 0.01 -

Spree Acquisition 1 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.

Spree Acquisition 1  (NYSE:SHAP) 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.

Spree Acquisition 1 Cash, Cash Equivalents, Marketable Securities Related Terms

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Spree Acquisition 1 (Spree Acquisition 1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Spree Acquisition Corp 1 Ltd (NYSE:SHAP) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
ESAC BYNO TGLO PRSR ENER KNSW XFIN TCOA TWOA PFTA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1922 Wildwood Place NE, Atlanta, GA, USA, 30324
Website
https://www.spree1.com
Spree Acquisition Corp 1 Ltd is a blank check company.
Executives
Hagen Philipp Von director C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Shay Kronfeld 10 percent owner, officer: CFO and VP Business C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Joachim Drees director C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Steven Greenfield director C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
David Riemenschneider director C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Nir Sasson officer: Chief Operating Officer C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Eran Plaut director, 10 percent owner, officer: COB, Director and CEO C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324
Spree Operandi, Lp 10 percent owner C/O SPREE ACQUISITION CORP. 1 LIMITED, 1922 WILDWOOD PLACE NE, ATLANTA GA 30324