Manufactured Housing Properties (Manufactured Housing Properties) Cash, Cash Equivalents, Marketable Securities : $1.97 Mil (As of Sep. 2023)

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What is Manufactured Housing Properties Cash, Cash Equivalents, Marketable Securities?

Manufactured Housing Properties's quarterly cash, cash equivalents, marketable securities declined from Mar. 2023 ($5.71 Mil) to Jun. 2023 ($1.75 Mil) but then increased from Jun. 2023 ($1.75 Mil) to Sep. 2023 ($1.97 Mil).

Manufactured Housing Properties's annual cash, cash equivalents, marketable securities declined from Dec. 2020 ($1.65 Mil) to Dec. 2021 ($1.40 Mil) but then increased from Dec. 2021 ($1.40 Mil) to Dec. 2022 ($5.09 Mil).

Manufactured Housing Properties Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Manufactured Housing Properties'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.

Manufactured Housing Properties Cash, Cash Equivalents, Marketable Securities Chart

Manufactured Housing Properties Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash, Cash Equivalents, Marketable Securities

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0.46

3.83

1.65

1.40

5.09

Manufactured Housing Properties Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															1.90	5.09	5.71	1.75	1.97

Manufactured Housing Properties 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.

Manufactured Housing Properties (OTCPK:MHPC) 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.

Manufactured Housing Properties Cash, Cash Equivalents, Marketable Securities Related Terms

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Manufactured Housing Properties (Manufactured Housing Properties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Manufactured Housing Properties Inc (OTCPK:MHPC) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

136 Main Street, Pineville, NC, USA, 28134

Website

https://www.mhproperties.com

Manufactured Housing Properties Inc is a self-administered, self-managed, vertically integrated owner and operator of manufactured housing communities. It provides non-subsidized affordable housing facilities. The company earns income from leasing manufactured home sites to tenants who own their manufactured homes as well as the rental of company-owned manufactured homes to residents of the communities. Its communities are located in Georgia, North Carolina, South Carolina, and Tennessee.

Executives

Vira Turchinyak	officer: Chief Financial Officer	C/O MANUFACTURED HOUSING PROPERTIES, INC, 136 MAIN STREET, PINEVILLE NC 28134
Julia Pererva	officer: Chief Operating Officer	136 MAIN STREET, PINEVILLE NC 28134
Wardlaw John Waller Iii	director, officer: President	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
James Lambert Johnson	director	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Chelsea Howlett Gee	officer: Vice President of Finance	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Richard M Gee	director	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Robert Joseph Jackson	10 percent owner	743 JETTON STREET, DAVIDSON NC 28036
Metrolina Loan Holdings, Llc	10 percent owner	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Andrew Coatley	officer: Chief Operating Officer	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Terry Robertson	director	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Gvest Real Estate Capital Llc	10 percent owner	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
William Henry Carter	director	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Adam A Martin	officer: Chief Investment Officer	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Raymond M Gee	director, 10 percent owner, officer: Chairman and CEO	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134
Michael Z Anise	director, officer: Chief Financial Officer	C/O MANUFACTURED HOUSING PROPERTIES INC., 136 MAIN STREET, PINEVILLE NC 28134