Centuria Industrial REIT (ASX:CIP) Cash And Cash Equivalents : A$34.8 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Centuria Industrial REIT Cash And Cash Equivalents?

Centuria Industrial REIT's quarterly cash and cash equivalents declined from Dec. 2022 (A$25.51 Mil) to Jun. 2023 (A$20.87 Mil) but then increased from Jun. 2023 (A$20.87 Mil) to Dec. 2023 (A$34.78 Mil).

Centuria Industrial REIT's annual cash and cash equivalents declined from Jun. 2021 (A$105.54 Mil) to Jun. 2022 (A$26.60 Mil) and declined from Jun. 2022 (A$26.60 Mil) to Jun. 2023 (A$20.87 Mil).

Centuria Industrial REIT Cash And Cash Equivalents Historical Data

The historical data trend for Centuria Industrial REIT's Cash And Cash Equivalents 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.

Centuria Industrial REIT Cash And Cash Equivalents Chart

Centuria Industrial REIT Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash And Cash Equivalents

Get a 7-Day Free Trial

9.35

17.08

105.54

26.60

20.87

Centuria Industrial REIT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															26.72	26.60	25.51	20.87	34.78

Centuria Industrial REIT Cash And Cash Equivalents 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.

Centuria Industrial REIT (ASX:CIP) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Centuria Industrial REIT Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Centuria Industrial REIT's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Centuria Industrial REIT (ASX:CIP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Centuria Industrial REIT (ASX:CIP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 41, Chifley Tower, 2 Chifley Square, Sydney, NSW, AUS, 2000

Website

https://www.centuria.com.au

Centuria Industrial REIT owns a AUD 4 billion portfolio of industrial properties, including distribution centers, manufacturing facilities, and data centers. Melbourne and Sydney are its biggest markets at more than a third of portfolio value each, followed by Brisbane, Perth and Adelaide. The trust is externally managed by Centuria Capital Group (ASX: CNI).

Centuria Industrial REIT (ASX:CIP) Headlines

No Headlines