Nippon Prologis REIT (FRA:9NPA) Cash And Cash Equivalents : €160.7 Mil (As of Nov. 2023)

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What is Nippon Prologis REIT Cash And Cash Equivalents?

Nippon Prologis REIT's quarterly cash and cash equivalents increased from May. 2022 (€163.04 Mil) to May. 2023 (€166.70 Mil) but then stayed the same from May. 2023 (€166.70 Mil) to Nov. 2023 (€160.67 Mil).

Nippon Prologis REIT's annual cash and cash equivalents increased from Nov. 2020 (€235.85 Mil) to Nov. 2021 (€269.03 Mil) but then declined from Nov. 2021 (€269.03 Mil) to Nov. 2023 (€160.67 Mil).

Nippon Prologis REIT Cash And Cash Equivalents Historical Data

The historical data trend for Nippon Prologis 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.

Nippon Prologis REIT Cash And Cash Equivalents Chart

Nippon Prologis REIT Annual Data

Trend

Nov13

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov23

Cash And Cash Equivalents

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190.59

161.37

235.85

269.03

160.67

Nippon Prologis REIT Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	May23	Nov23
Cash And Cash Equivalents	Get a 7-Day Free Trial															204.45	269.03	163.04	166.70	160.67

Nippon Prologis 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.

Nippon Prologis REIT (FRA:9NPA) 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.

Nippon Prologis REIT Cash And Cash Equivalents Related Terms

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Nippon Prologis REIT (FRA:9NPA) Business Description

Industry

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Traded in Other Exchanges

3283:Japan

Address

Tokyo Building 21F, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-6421

Website

http://www.prologis-reit.co.jp

Nippon Prologis REIT Inc is a Japanese real estate investment trust primarily involved in owning, operating, and developing logistics facilities in Japan's major urban markets. The company's real estate portfolio is comprised mainly of large, multitenant warehouse facilities located near transportation hubs and population clusters. Nippon Prologis also operates a sizable number of build-to-suit facilities with similar physical specifications to its other buildings. The majority of the company's properties are located in the Greater Tokyo area, while a significant percentage are located in the Greater Osaka area as well. Nippon Prologis derives nearly all of its income from rental revenue. Its customers include a variety of logistics, distribution, transportation, and industrial companies.

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