Equity Commonwealth (Equity Commonwealth) Cash And Cash Equivalents : $2,160.54 Mil (As of Dec. 2023)

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What is Equity Commonwealth Cash And Cash Equivalents?

Equity Commonwealth's quarterly cash and cash equivalents declined from Jun. 2023 ($2,153.05 Mil) to Sep. 2023 ($2,127.79 Mil) but then increased from Sep. 2023 ($2,127.79 Mil) to Dec. 2023 ($2,160.54 Mil).

Equity Commonwealth's annual cash and cash equivalents declined from Dec. 2021 ($2,801.00 Mil) to Dec. 2022 ($2,582.22 Mil) and declined from Dec. 2022 ($2,582.22 Mil) to Dec. 2023 ($2,160.54 Mil).

Equity Commonwealth Cash And Cash Equivalents Historical Data

The historical data trend for Equity Commonwealth'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.

Equity Commonwealth Cash And Cash Equivalents Chart

Equity Commonwealth Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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2,795.64

2,987.23

2,801.00

2,582.22

2,160.54

Equity Commonwealth 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															2,582.22	2,128.69	2,153.05	2,127.79	2,160.54

Equity Commonwealth 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.

Equity Commonwealth (NYSE:EQCPRECL.PFD) 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.

Equity Commonwealth Cash And Cash Equivalents Related Terms

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Equity Commonwealth (Equity Commonwealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equity Commonwealth (NYSE:EQCPRECL.PFD) » Definitions » Cash And Cash Equivalents

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EQCpD.PFD:USA EQC:USA

Address

Two North Riverside Plaza, Suite 2100, Chicago, IL, USA, 60606

Website

https://www.eqcre.com

Equity Commonwealth is a real estate investment trust engaged in the acquisition, ownership, and operation of primarily office buildings located throughout the United States. The vast majority of the company's real estate portfolio comprises office assets. These properties are fairly evenly dispersed between many of America's major urban markets, notably Washington, Austin, and Denver. Equity Commonwealth derives the vast majority of its income in the form of rental revenue from tenants occupying its offices. The company's largest tenants in terms of revenue generation include a variety of hiking, household goods, publishing, and financial firms.