Peakstone Realty Trust (Peakstone Realty Trust) Cash And Cash Equivalents : $436.3 Mil (As of Mar. 2024)

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What is Peakstone Realty Trust Cash And Cash Equivalents?

Peakstone Realty Trust's quarterly cash and cash equivalents increased from Sep. 2023 ($364.45 Mil) to Dec. 2023 ($391.80 Mil) and increased from Dec. 2023 ($391.80 Mil) to Mar. 2024 ($436.25 Mil).

Peakstone Realty Trust's annual cash and cash equivalents increased from Dec. 2021 ($168.62 Mil) to Dec. 2022 ($233.18 Mil) and increased from Dec. 2022 ($233.18 Mil) to Dec. 2023 ($391.80 Mil).

Peakstone Realty Trust Cash And Cash Equivalents Historical Data

The historical data trend for Peakstone Realty Trust'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.

Peakstone Realty Trust Cash And Cash Equivalents Chart

Peakstone Realty Trust Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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54.83

168.95

168.62

233.18

391.80

Peakstone Realty Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															368.21	360.63	364.45	391.80	436.25

Peakstone Realty Trust 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.

Peakstone Realty Trust (NYSE:PKST) 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.

Peakstone Realty Trust Cash And Cash Equivalents Related Terms

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Peakstone Realty Trust (Peakstone Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Peakstone Realty Trust (NYSE:PKST) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

1520 E. Grand Avenue, El Segundo, CA, USA, 90245

Website

https://www.pkst.com

Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.

Executives

Casey R Wold	director	C/O CONSOLIDATED-TOMOKA LAND CO., PO BOX 10809, DAYTONA BEACH FL 32120
Carrie Dewees	director	C/O PEAKSTONE REALTY TRUST, 1520 E. GRAND AVE, EL SEGUNDO CA 90245
James F Risoleo	director
Richard H Dozer	director	VIAD CORP, 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
P Anthony Nissley	director	2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Mark Chrisman	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Travis W Bushman	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Craig J Phillips	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Bryan Yamasawa	officer: See Remarks	1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
David J Congdon	officer: See Remarks	1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Nina M Sitzer	officer: See Remarks	1520 EAST GRAND AVENUE, EL SEGUNDO CA 90245
Ranjit M Kripalani	director	815 JOHN STREET, MANHATTAN BEACH CA 90266
Scott A Tausk	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Louis K Sohn	officer: See Remarks	1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Javier F Bitar	officer: Chief Financial Officer	333 S. GRAND AVE STE 400, LOS ANGELES CA 90071

Peakstone Realty Trust (Peakstone Realty Trust) Headlines

From GuruFocus

Peakstone Realty Trust Reports 2023 Second Quarter Results

By Business Wire • 08-08-2023

Peakstone Realty Trust Announces Quarterly Distribution

By Business Wire • 09-18-2023

Peakstone Realty Trust Announces Webcast to Discuss Recent Listing

By Business Wire Business Wire • 04-17-2023

Peakstone Realty Trust Announces Date for Second Quarter 2023 Earnings Release and Webcast

By Business Wire • 07-18-2023

Peakstone Realty Trust Announces Quarterly Distribution

By Business Wire Business Wire • 06-20-2023

Peakstone Realty Trust Announces Date for First Quarter 2023 Earnings Release and Webcast

By Business Wire Business Wire • 04-26-2023

Peakstone Realty Trust Announces Date for Third Quarter 2023 Earnings Release and Webcast

By Business Wire • 10-18-2023