Ichigo Office REIT Investment (TSE:8975) Cash And Cash Equivalents : 円6,486 Mil (As of Oct. 2023)

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What is Ichigo Office REIT Investment Cash And Cash Equivalents?

Ichigo Office REIT Investment's quarterly cash and cash equivalents increased from Oct. 2022 (円8,697.11 Mil) to Apr. 2023 (円11,503.98 Mil) but then stayed the same from Apr. 2023 (円11,503.98 Mil) to Oct. 2023 (円6,485.93 Mil).

Ichigo Office REIT Investment's annual cash and cash equivalents declined from Oct. 2021 (円9,420.99 Mil) to Oct. 2022 (円8,697.11 Mil) and declined from Oct. 2022 (円8,697.11 Mil) to Oct. 2023 (円6,485.93 Mil).

Ichigo Office REIT Investment Cash And Cash Equivalents Historical Data

The historical data trend for Ichigo Office REIT Investment'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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Ichigo Office REIT Investment Cash And Cash Equivalents Chart

Ichigo Office REIT Investment Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Cash And Cash Equivalents

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10,069.18

12,255.74

9,420.99

8,697.11

6,485.93

Ichigo Office REIT Investment Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash And Cash Equivalents	Get a 7-Day Free Trial															9,420.99	10,526.68	8,697.11	11,503.98	6,485.93

Ichigo Office REIT Investment 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.

Ichigo Office REIT Investment (TSE:8975) 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.

Ichigo Office REIT Investment Cash And Cash Equivalents Related Terms

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Ichigo Office REIT Investment (TSE:8975) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ichigo Office REIT Investment Corp (TSE:8975) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011

Website

http://www.ichigo-office.co.jp

Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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