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

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What is SOSiLA Logistics REIT Cash, Cash Equivalents, Marketable Securities?

SOSiLA Logistics REIT's quarterly cash, cash equivalents, marketable securities 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, cash equivalents, marketable securities 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, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for SOSiLA Logistics REIT'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.

SOSiLA Logistics REIT Cash, Cash Equivalents, Marketable Securities Chart

SOSiLA Logistics REIT Annual Data

Trend

Nov19

Nov20

Nov21

Nov22

Cash, Cash Equivalents, Marketable Securities

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, Cash Equivalents, Marketable Securities	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, 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.

SOSiLA Logistics REIT (TSE:2979) 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.

SOSiLA Logistics REIT Cash, Cash Equivalents, Marketable Securities Related Terms

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SOSiLA Logistics REIT (TSE:2979) Business Description

Industry

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

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.

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