Timbercreek Financial (TSX:TF) Cash And Cash Equivalents : C$5.9 Mil (As of Mar. 2024)

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What is Timbercreek Financial Cash And Cash Equivalents?

Timbercreek Financial's quarterly cash and cash equivalents declined from Sep. 2023 (C$33.15 Mil) to Dec. 2023 (C$4.80 Mil) but then increased from Dec. 2023 (C$4.80 Mil) to Mar. 2024 (C$5.88 Mil).

Timbercreek Financial's annual cash and cash equivalents declined from Dec. 2021 (C$6.34 Mil) to Dec. 2022 (C$2.83 Mil) but then increased from Dec. 2022 (C$2.83 Mil) to Dec. 2023 (C$4.80 Mil).

Timbercreek Financial Cash And Cash Equivalents Historical Data

The historical data trend for Timbercreek Financial'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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Timbercreek Financial Cash And Cash Equivalents Chart

Timbercreek Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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8.99

0.43

6.34

2.83

4.80

Timbercreek Financial 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															1.30	0.13	33.15	4.80	5.88

Timbercreek Financial 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.

Timbercreek Financial (TSX:TF) 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.

Timbercreek Financial Cash And Cash Equivalents Related Terms

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Timbercreek Financial (TSX:TF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Timbercreek Financial Corp (TSX:TF) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

TBCRF:USA 58O:Germany

Address

25 Price Street, Toronto, ON, CAN, M4W 1Z1

Website

https://www.timbercreekfinancial.com

Timbercreek Financial Corp is a Canada-based non-banking commercial real estate lender. The company provides shorter-duration, customized financing solutions to professional real estate investors. It invests directly in a diversified portfolio of structured mortgage loans primarily secured by stabilized, income-producing commercial real estates, such as multi-residential, office and retail buildings located in urban markets across Canada. The company's strategy is to preserve investor capital by lending mainly against income producing real estate, mitigate concentration risk by diversifying geographically by asset type and borrower and ensure loan to value ratios.

Executives

Robert Blair Tamblyn

Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Timbercreek Financial (TSX:TF) Headlines

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