SOSiLA Logistics REIT (TSE:2979) Cash And Cash Equivalents : 円2,896 Mil (As of Nov. 2023)

View and export this data going back to 2019. Start your Free Trial

What is SOSiLA Logistics REIT Cash And Cash Equivalents?

SOSiLA Logistics REIT's quarterly cash and cash equivalents declined from Nov. 2022 (円2,105.10 Mil) to May. 2023 (円1,751.06 Mil) but then increased from May. 2023 (円1,751.06 Mil) to Nov. 2023 (円2,895.55 Mil).

SOSiLA Logistics REIT's annual cash and cash equivalents declined from Nov. 2020 (円3,912.20 Mil) to Nov. 2021 (円2,287.25 Mil) and declined from Nov. 2021 (円2,287.25 Mil) to Nov. 2022 (円2,105.10 Mil).

SOSiLA Logistics REIT Cash And Cash Equivalents Historical Data

The historical data trend for SOSiLA Logistics 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.

SOSiLA Logistics REIT Cash And Cash Equivalents Chart

SOSiLA Logistics REIT Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Cash And Cash Equivalents

219.41

3,912.20

2,287.25

2,105.10

SOSiLA Logistics REIT Semi-Annual Data
	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Cash And Cash Equivalents	Get a 7-Day Free Trial			2,287.25	3,866.99	2,105.10	1,751.06	2,895.55

SOSiLA Logistics 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.

SOSiLA Logistics REIT (TSE:2979) 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.

SOSiLA Logistics REIT Cash And Cash Equivalents Related Terms

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

SOSiLA Logistics REIT (TSE:2979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SOSiLA Logistics REIT Inc (TSE:2979) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

Otemachi Place East Tower 2-3-2 Otemachi, Logistics Facilities Division, Chiyoda-ku, Tokyo, JPN

Website

http://www.sosila.com

SOSiLA Logistics REIT Inc offers logistics services. It offers facility based on the three themes Sociability, Sustainability and Logistic Aspect considering the environment and sustainable growth; and people and the work environment.

SOSiLA Logistics REIT (TSE:2979) Headlines

No Headlines