UDR (UDR) Cash, Cash Equivalents, Marketable Securities

: $3 Mil (As of Dec. 2023)

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UDR's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($1.54 Mil) to Sep. 2023 ($1.62 Mil) and increased from Sep. 2023 ($1.62 Mil) to Dec. 2023 ($2.92 Mil).

UDR's annual cash, cash equivalents, marketable securities increased from Dec. 2021 ($0.97 Mil) to Dec. 2022 ($1.19 Mil) and increased from Dec. 2022 ($1.19 Mil) to Dec. 2023 ($2.92 Mil).

UDR Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for UDR'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 8.11 [6] => 1.41 [7] => 0.97 [8] => 1.19 [9] => 2.92 )

UDR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

8.11

1.41

0.97

1.19

2.92

UDR 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																1.19	1.17	1.54	1.62	2.92

UDR 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.

UDR (NYSE:UDR) 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.

UDR Cash, Cash Equivalents, Marketable Securities Related Terms

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UDR (UDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UDR Inc (NYSE:UDR) » Definitions » Cash, Cash Equivalents, Marketable Securities

Comparable Companies

Traded in Other Exchanges

UF0:Germany

Address

1745 Shea Center Drive, Suite 200, Highlands Ranch, CO, USA, 80129

Website

https://www.udr.com

UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.

Executives

Thomas W Toomey	director, officer: Chief Executive Officer
Patricia Sciutto Doerr	officer: SVP-Chief ESG/People Officer	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Kevin C Nickelberry	director	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Harry G Alcock	officer: SVP-Asset Management	4582 SOUTH ULSTER STREET PARKWAY, SUITE 1100, DENVER CO 80237
Jerry A Davis	officer: SVP-Chief Operating Officer	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Clinton D Mcdonnough	director	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Tracy L Hofmeister	officer: VP-Accounting	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Joseph D Fisher	officer: SVP-Chief Financial Officer	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Diane M Morefield	director	200 W. MADISON STREET, SUITE 1700, CHICAGO IL 60606
Michael D Lacy	officer: SVP-Property Operations	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Matthew A Cozad	officer: SVP-Corp Serv and Innovation	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
Warren L Troupe	officer: Sr Exec VP & General Counsel	1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH CO 80129
James D Klingbeil	director
Lynne B Sagalyn	director
Jon A Grove	director