Artis Real Estate Investment Trust (FRA:5G6) Cash And Cash Equivalents : €19.8 Mil (As of Dec. 2023)

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What is Artis Real Estate Investment Trust Cash And Cash Equivalents?

Artis Real Estate Investment Trust's quarterly cash and cash equivalents declined from Jun. 2023 (€24.31 Mil) to Sep. 2023 (€24.05 Mil) but then stayed the same from Sep. 2023 (€24.05 Mil) to Dec. 2023 (€19.78 Mil).

Artis Real Estate Investment Trust's annual cash and cash equivalents declined from Dec. 2021 (€153.13 Mil) to Dec. 2022 (€20.27 Mil) and declined from Dec. 2022 (€20.27 Mil) to Dec. 2023 (€19.78 Mil).

Artis Real Estate Investment Trust Cash And Cash Equivalents Historical Data

The historical data trend for Artis Real Estate Investment 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.

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Artis Real Estate Investment Trust Cash And Cash Equivalents Chart

Artis Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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29.02

22.27

153.13

20.27

19.78

Artis Real Estate Investment Trust 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															20.27	25.40	24.31	24.05	19.78

Artis Real Estate Investment 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.

Artis Real Estate Investment Trust (FRA:5G6) 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.

Artis Real Estate Investment Trust Cash And Cash Equivalents Related Terms

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Artis Real Estate Investment Trust (FRA:5G6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Artis Real Estate Investment Trust (FRA:5G6) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ARESF:USA AX.PR.I.PFD:Canada AX.UN:Canada AX.PR.E.PFD:Canada

Address

220 Portage Avenue, Suite 600, Winnipeg, MB, CAN, R3C 0A5

Website

https://www.artisreit.com

Artis Real Estate Investment Trust is an unincorporated closed-end REIT based in Canada. Artis REIT's portfolio comprises properties located in Central and Western Canada and selects markets throughout the United States, including regions such as Alberta, British Columbia, Manitoba, Ontario, Saskatchewan, Arizona, Minnesota, Colorado, New York, and Wisconsin. The properties are divided into three categories: office, retail, and industrial. The industrial properties account for most of the portfolio, followed by the office properties and the retail properties.

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