Shurgard Self-Storage (CHIX:SHURB) Cash And Cash Equivalents : €258.1 Mil (As of Dec. 2023)

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What is Shurgard Self-Storage Cash And Cash Equivalents?

Shurgard Self-Storage's quarterly cash and cash equivalents declined from Dec. 2022 (€87.35 Mil) to Jun. 2023 (€57.19 Mil) but then increased from Jun. 2023 (€57.19 Mil) to Dec. 2023 (€258.12 Mil).

Shurgard Self-Storage's annual cash and cash equivalents declined from Dec. 2021 (€219.17 Mil) to Dec. 2022 (€87.35 Mil) but then increased from Dec. 2022 (€87.35 Mil) to Dec. 2023 (€258.12 Mil).

Shurgard Self-Storage Cash And Cash Equivalents Historical Data

The historical data trend for Shurgard Self-Storage'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.

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Shurgard Self-Storage Cash And Cash Equivalents Chart

Shurgard Self-Storage Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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198.57

103.00

219.17

87.35

258.12

Shurgard Self-Storage Semi-Annual Data
	Dec15	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											219.17	175.85	87.35	57.19	258.12

Shurgard Self-Storage 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.

Shurgard Self-Storage (CHIX:SHURb) 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.

Shurgard Self-Storage Cash And Cash Equivalents Related Terms

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Shurgard Self-Storage (CHIX:SHURB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Shurgard Self-Storage SA (CHIX:SHURb) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

SSSAF:USA SHUR:Belgium

Address

11 Rue De l'Industrie, Windhof, Luxembourg, LUX, L-8399

Website

https://www.shurgard.eu

Shurgard Self-Storage SA Formerly Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from France and also has a presence in the Netherlands, UK, Sweden, Belgium, Germany, and Denmark among others.

Shurgard Self-Storage (CHIX:SHURB) Headlines

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