Trinity Place Holdings (Trinity Place Holdings) Cash, Cash Equivalents, Marketable Securities

: $0.26 Mil (As of Dec. 2023)

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Trinity Place Holdings's quarterly cash, cash equivalents, marketable securities declined from Jun. 2023 ($4.40 Mil) to Sep. 2023 ($0.81 Mil) but then stayed the same from Sep. 2023 ($0.81 Mil) to Dec. 2023 ($0.26 Mil).

Trinity Place Holdings's annual cash, cash equivalents, marketable securities declined from Dec. 2021 ($4.31 Mil) to Dec. 2022 ($1.55 Mil) and declined from Dec. 2022 ($1.55 Mil) to Dec. 2023 ($0.26 Mil).

Trinity Place Holdings Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Trinity Place Holdings'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.

Trinity Place Holdings Annual Data

Trend

Feb11

Feb15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

9.20

6.52

4.31

1.55

0.26

Trinity Place Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash, Cash Equivalents, Marketable Securities																1.55	2.58	4.40	0.81	0.26

Trinity Place Holdings 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.

Trinity Place Holdings (AMEX:TPHS) 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.

Trinity Place Holdings Cash, Cash Equivalents, Marketable Securities Related Terms

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Trinity Place Holdings (Trinity Place Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Trinity Place Holdings Inc (AMEX:TPHS) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

340 Madison Avenue, Suite 3C, New York, NY, USA, 10173

Website

https://www.tphs.com

Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. It is primarily engaged into own, investing in, managing, developing or redeveloping real estate assets and real estate-related securities. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event.

Executives

Bartels Patrick J Jr	director	C/O WCI COMMUNITIES, INC., 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Matthew Messinger,	director, officer: President and CEO	ONE SYMS WAY, SECAUCUS NJ 07094
Mfp Partners Lp	10 percent owner, other: See remarks below	909 THIRD AVENUE, 33RD FLOOR, New York NY 10022
Alan Cohen	director	10 REUTEN DRIVE, CLOSTER NJ 07624
Joanne Minieri	director	100 VENTERANS MEMORIAL HIGHWAY, 11TH FL, HAUPPAUGE NY 11788
Jennifer C. Price	10 percent owner, other: See remarks	C/O MFP INVESTORS LLC, 909 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Jeffrey B Citrin	director	950 THIRD AVENUE, 17TH FLOOR, NEW YORK NY 10022
Steven Kahn	officer: Chief Financial Officer	717 FIFTH AVENUE, SUITE 1303, NEW YORK NY 10022
Keith M Pattiz	director	C/O MCDERMOTT WILL & EMERY, 340 MADISON AVE, NEW YORK NY 10173-1922
Alexander C Matina	director	C/O MFP INVESTORS, LLC, 667 MADISON AVE, 25TH FL, NEW YORK NY 10065
Richard Guy Pyontek	officer: Chief Accounting Officer	1 SYMS WAY, SECAUCUS NJ 07094
Marcato International Master Fund, Ltd.	10 percent owner	C/O OGIER FIDUCIARY SERVICES (CAYMAN)LTD, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007
Marcato Capital Management Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Marcato Holdings Llc	10 percent owner	FOUR EMBARCADERO CENTER, SUITE 2100, SAN FRANCISCO CA 94111
Ds Fund I Llc	10 percent owner	7274 FISHER ISLAND DRIVE, MIAMI BEACH FL 33109-0760

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