TLG Acquisition One (TLG Acquisition One) Cash, Cash Equivalents, Marketable Securities : $0.02 Mil (As of Mar. 2023)

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What is TLG Acquisition One Cash, Cash Equivalents, Marketable Securities?

TLG Acquisition One's quarterly cash, cash equivalents, marketable securities declined from Sep. 2022 ($0.24 Mil) to Dec. 2022 ($0.02 Mil) but then stayed the same from Dec. 2022 ($0.02 Mil) to Mar. 2023 ($0.02 Mil).

TLG Acquisition One's annual cash, cash equivalents, marketable securities increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.05 Mil) but then declined from Dec. 2021 ($0.05 Mil) to Dec. 2022 ($0.02 Mil).

TLG Acquisition One Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for TLG Acquisition One'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.

TLG Acquisition One Cash, Cash Equivalents, Marketable Securities Chart

TLG Acquisition One Annual Data

Trend

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

0.05

0.02

TLG Acquisition One Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial					0.07	0.05	0.24	0.02	0.02

TLG Acquisition One 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.

TLG Acquisition One (NYSE:TLGA) 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.

TLG Acquisition One Cash, Cash Equivalents, Marketable Securities Related Terms

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TLG Acquisition One (TLG Acquisition One) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLG Acquisition One Corp (NYSE:TLGA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401

Website

https://www.tlgacquisitions.com

TLG Acquisition One Corp is a blank check company.

Executives

Zainabu Oke	director	8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie	director, 10 percent owner, officer: See Remarks	DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa	director	C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii	director	ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson	director, officer: Chief Financial Officer	ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner	director	3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc	10 percent owner	515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

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