Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Cash, Cash Equivalents, Marketable Securities : ₺1,917.9 Mil (As of Sep. 2023)

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What is Adra Gayrimenkul Yatirim Ortakligi AS Cash, Cash Equivalents, Marketable Securities?

Adra Gayrimenkul Yatirim Ortakligi AS's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (₺94.11 Mil) to Jun. 2023 (₺252.87 Mil) and increased from Jun. 2023 (₺252.87 Mil) to Sep. 2023 (₺1,917.90 Mil).

Adra Gayrimenkul Yatirim Ortakligi AS's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (₺0.31 Mil) to Dec. 2021 (₺31.27 Mil) and increased from Dec. 2021 (₺31.27 Mil) to Dec. 2022 (₺94.11 Mil).

Adra Gayrimenkul Yatirim Ortakligi AS Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Adra Gayrimenkul Yatirim Ortakligi AS's Cash, Cash Equivalents, Marketable Securities 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.

Adra Gayrimenkul Yatirim Ortakligi AS Cash, Cash Equivalents, Marketable Securities Chart

Adra Gayrimenkul Yatirim Ortakligi AS Annual Data

Trend

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

0.31

31.27

94.11

Adra Gayrimenkul Yatirim Ortakligi AS Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			-	-	94.11	252.87	1,917.90

Adra Gayrimenkul Yatirim Ortakligi AS Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.

Adra Gayrimenkul Yatirim Ortakligi AS Cash, Cash Equivalents, Marketable Securities Related Terms

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Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Adra Gayrimenkul Yatirim Ortakligi AS (IST:ADGYO) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Caybasi Mahallesi Aydin, Cad No:51A Torbali, Izmir, TUR

Website

https://www.adragyo.com.tr

Adra Gayrimenkul Yatirim Ortakligi AS is a Turkey company based providing real estate services. The company has undertaken projects which are Adra Yali, Adra Yasam, Adra Edremit..

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