Capital Product Partners LP (Capital Product Partners LP) Cash And Cash Equivalents : $192.4 Mil (As of Dec. 2023)

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What is Capital Product Partners LP Cash And Cash Equivalents?

Capital Product Partners LP's quarterly cash and cash equivalents increased from Jun. 2023 ($92.94 Mil) to Sep. 2023 ($96.77 Mil) and increased from Sep. 2023 ($96.77 Mil) to Dec. 2023 ($192.42 Mil).

Capital Product Partners LP's annual cash and cash equivalents increased from Dec. 2021 ($20.37 Mil) to Dec. 2022 ($144.64 Mil) and increased from Dec. 2022 ($144.64 Mil) to Dec. 2023 ($192.42 Mil).

Capital Product Partners LP Cash And Cash Equivalents Historical Data

The historical data trend for Capital Product Partners LP's Cash And Cash Equivalents 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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Capital Product Partners LP Cash And Cash Equivalents Chart

Capital Product Partners LP Annual Data

Trend

Dec14

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Dec16

Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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57.96

47.34

20.37

144.64

192.42

Capital Product Partners LP Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial															144.64	88.62	92.94	96.77	192.42

Capital Product Partners LP Cash And Cash Equivalents 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.

Capital Product Partners LP (NAS:CPLP) Cash And Cash Equivalents Explanation

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.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Capital Product Partners LP Cash And Cash Equivalents Related Terms

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Capital Product Partners LP (Capital Product Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Capital Product Partners LP (NAS:CPLP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

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Address

3 Iassonos Street, Piraeus, GRC, 18537

Website

http://www.capitalpplp.com

Capital Product Partners LP is in the seaborne transportation of cargoes, crude oil, gasoline, diesel, fuel oil, jet fuel and edible oils and dry cargo and containerized goods. Its vessels include; suezmax crude oil tankers, medium-range product tankers, neo panamax container carriers and capsize bulk carrier. Its vessels are capable of carrying a wide range of cargoes, including crude oil, refined oil products (such as gasoline, diesel, fuel oil and jet fuel), edible oils and certain chemicals, such as ethanol, as well as dry cargo and containerized goods under short-term voyage charters and medium to long-term time and bareboat charters.