Logistic Properties of the Americas (Logistic Properties of the Americas) Cash, Cash Equivalents, Marketable Securities : $40.68 Mil (As of Mar. 2024)

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What is Logistic Properties of the Americas Cash, Cash Equivalents, Marketable Securities?

Logistic Properties of the Americas's quarterly cash, cash equivalents, marketable securities increased from Sep. 2023 ($11.66 Mil) to Dec. 2023 ($32.25 Mil) and increased from Dec. 2023 ($32.25 Mil) to Mar. 2024 ($40.68 Mil).

Logistic Properties of the Americas's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($13.00 Mil) to Dec. 2022 ($12.52 Mil) but then increased from Dec. 2022 ($12.52 Mil) to Dec. 2023 ($32.25 Mil).

Logistic Properties of the Americas Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Logistic Properties of the Americas'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.

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Logistic Properties of the Americas Cash, Cash Equivalents, Marketable Securities Chart

Logistic Properties of the Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

15.46

13.00

12.52

32.25

Logistic Properties of the Americas Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			12.52	-	11.66	32.25	40.68

Logistic Properties of the Americas 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.

Logistic Properties of the Americas (AMEX:LPA) 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.

Logistic Properties of the Americas Cash, Cash Equivalents, Marketable Securities Related Terms

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Logistic Properties of the Americas (Logistic Properties of the Americas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Logistic Properties of the Americas (AMEX:LPA) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plaza Tempo, Edificio B, Oficina B1, Piso 2, San Rafael de Escazu, San Jose, CRI

Website

https://www.latamlp.com

Logistic Properties of the Americas is a fully-integrated, internally managed real estate company that develops, owns and manages a diversified portfolio of warehouse logistics assets in Central America and the South America. It focuses on modern Class A logistics real estate in high growth and high barrier-to-entry markets that are undersupplied and have low penetration rates.