Essential Properties Realty Trust (Essential Properties Realty Trust) Cash And Cash Equivalents : $79.2 Mil (As of Mar. 2024)

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What is Essential Properties Realty Trust Cash And Cash Equivalents?

Essential Properties Realty Trust's quarterly cash and cash equivalents increased from Sep. 2023 ($36.11 Mil) to Dec. 2023 ($39.81 Mil) and increased from Dec. 2023 ($39.81 Mil) to Mar. 2024 ($79.16 Mil).

Essential Properties Realty Trust's annual cash and cash equivalents increased from Dec. 2021 ($59.76 Mil) to Dec. 2022 ($62.35 Mil) but then declined from Dec. 2022 ($62.35 Mil) to Dec. 2023 ($39.81 Mil).

Essential Properties Realty Trust Cash And Cash Equivalents Historical Data

The historical data trend for Essential Properties Realty Trust'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.

* Premium members only.

Essential Properties Realty Trust Cash And Cash Equivalents Chart

Essential Properties Realty Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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8.30

26.60

59.76

62.35

39.81

Essential Properties Realty Trust Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															70.96	14.11	36.11	39.81	79.16

Essential Properties Realty Trust 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.

Essential Properties Realty Trust (NYSE:EPRT) 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.

Essential Properties Realty Trust Cash And Cash Equivalents Related Terms

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Essential Properties Realty Trust (Essential Properties Realty Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essential Properties Realty Trust Inc (NYSE:EPRT) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

2OU:Germany

Address

902 Carnegie Center Boulevard, Suite 520, Princeton, NJ, USA, 08540

Website

https://essentialproperties.com

Essential Properties Realty Trust Inc is a real estate investment trust. It acquires, owns and manages single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses.

Executives

Peter M. Mavoides	director, officer: President and CEO	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Mark E Patten	officer: Executive VP and CFO	PO BOX 10809, DAYTONA BEACH FL 32120
Timothy J Earnshaw	officer: SVP & Chief Accounting Officer	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Gregg A Seibert	officer: Executive VP and COO	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Lawrence J Minich	director	5760 N. CALLE DE LOS CAMARONES, TUSCON AZ 85718
Stephen D Sautel	director	C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Scott A Estes	director	WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Anthony K. Dobkin	director	195 BOWERY, 6TH FLOOR, NEW YORK NY 10002
Heather Leed Neary	director	973 BUCKWALTER ROAD, LITITZ PA 17543
Paul T Bossidy	director	3135 EASTON TURNPIKE, FAIRFIELD CT 06828
Janaki Sivanesan	director	575 MADISON AVENUE, NEW YORK NY 10022
Eldridge Industries, Llc	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Todd L Boehly	10 percent owner	600 STEAMBOAT ROAD, GREENWICH CT 06830
Eprt Holdings, Llc	10 percent owner	902 CARNEGIE CENTER BLVD., SUITE 520, PRINCETON NJ 08540
Daniel P Donlan	officer: Senior VP - Capital Markets	2021 MCKINNEY AVENUE, SUITE 1150, DALLAS TX 75201