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Golden Arrow Merger (Golden Arrow Merger) Cash, Cash Equivalents, Marketable Securities : $0.06 Mil (As of Mar. 2024)


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What is Golden Arrow Merger Cash, Cash Equivalents, Marketable Securities?

Golden Arrow Merger's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($0.08 Mil) to Dec. 2023 ($0.31 Mil) but then stayed the same from Dec. 2023 ($0.31 Mil) to Mar. 2024 ($0.06 Mil).

Golden Arrow Merger's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($0.37 Mil) to Dec. 2022 ($0.35 Mil) and declined from Dec. 2022 ($0.35 Mil) to Dec. 2023 ($0.31 Mil).

Golden Arrow Merger Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Golden Arrow Merger'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.

Golden Arrow Merger Cash, Cash Equivalents, Marketable Securities Chart

Golden Arrow Merger Annual Data
Trend Dec21 Dec22 Dec23
Cash, Cash Equivalents, Marketable Securities
0.37 0.35 0.31

Golden Arrow Merger Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.99 0.34 0.08 0.31 0.06

Golden Arrow Merger 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.

Golden Arrow Merger  (NAS:GAMCU) 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.

Golden Arrow Merger Cash, Cash Equivalents, Marketable Securities Related Terms

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Golden Arrow Merger (Golden Arrow Merger) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Golden Arrow Merger Corp (NAS:GAMCU) » Definitions » Cash, Cash Equivalents, Marketable Securities
Comparable Companies
MARX HSPO NCAC TENK ATMV CNGL LATG FTII FNVT ATMC PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
GAMC:USA
Address
10 E. 53rd Street, 13th Floor, New York, NY, USA, 10022
Website
https://www.goldenarrowspac.com
Golden Arrow Merger Corp is a blank check company.
Executives
Lloyd H Dean director 185 BERRY STREET, SUITE 300, SAN FRANCISCO CA 94107
Steven M Klosk director C/O CAMBREX CORP, ONE MEADOWLANDS PLZ, EAST RUTHERFORD NJ 07073
Brett H Barth director COWEN INC., 599 LEXINGTON AVENUE, NEW YORK NY 10022
Andrew Rechtschaffen director, 10 percent owner C/O OBREM CAPITAL MANAGEMENT, LLC, 733 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10017
Jack Hidary director 3 PARK AVENUE, NEW YORK NY 10016
Timothy C Babich 10 percent owner, officer: CEO & CFO 1901 N ROSELLE RD., SUITE 55, SCHAUMBURG IL 60195
Lance L. Hirt director, 10 percent owner LINDSAY GOLDBERG, 630 FIFTH AVENUE, 39TH FLOOR, NEW YORK NY 10111
Jacob Doft director, 10 percent owner C/O GOLDEN ARROW MERGER CORP., 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022
Golden Arrow Sponsor, Llc 10 percent owner 10 E. 53RD STREET, 13TH FLOOR, NEW YORK NY 10022