PAICW (Petra Acquisition) Marketable Securities: $0.02 Mil (As of Sep. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Petra Acquisition Marketable Securities?

Petra Acquisition PAICW Marketable Securities is $0.02 Mil as of Sep. 2021. The stock has 1 warning sign investors should review.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Petra Acquisition's Marketable Securities for the quarter that ended in Sep. 2021 was $0.02 Mil.

Petra Acquisition's annual Marketable Securities stayed the same from . 20 ($0.00 Mil) to Dec. 2019 ($0.00 Mil) but then increased from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($0.53 Mil).

Petra Acquisition  (NAS:PAICW) 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.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Petra Acquisition Marketable Securities Related Terms

Petra Acquisition Marketable Securities Historical Data

* Premium members only.

The historical data trend for Petra Acquisition's 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.

Petra Acquisition Marketable Securities Chart

Petra Acquisition Annual Data
Trend Dec19 Dec20
Marketable Securities
0.00 0.53

Petra Acquisition Semi-Annual Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Marketable Securities Get a 7-Day Free Trial 0.00 0.53 0.39 0.30 0.02

Petra Acquisition Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of $0.02 Mil mean?
Petra Acquisition (PAICW) has a Marketable Securities of $0.02 Mil as of Sep. 2021. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Petra Acquisition and its competitors.
Is Petra Acquisition's Marketable Securities too high?
Petra Acquisition's current Marketable Securities is $0.02 Mil.
How does Petra Acquisition's Marketable Securities compare to ?
Petra Acquisition's Marketable Securities of $0.02 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Diversified Financial Services company?
A good Marketable Securities depends on the Diversified Financial Services industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Petra Acquisition and its competitors. Petra Acquisition's current Marketable Securities is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petra Acquisition stock overvalued right now?
Petra Acquisition (PAICW) has a current Marketable Securities of $0.02 Mil. The current Marketable Securities is $0.02 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Petra Acquisition (PAICW), the current Marketable Securities is $0.02 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Petra Acquisition Business Description

Comparable Companies
Address 5 West 21st Street, New York, NY, USA, 10010
Petra Acquisition Inc is a blank check company.