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Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) Cash And Cash Equivalents : $112.3 Mil (As of Dec. 2023)


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What is Industrial Logistics Properties Trust Cash And Cash Equivalents?

Industrial Logistics Properties Trust's quarterly cash and cash equivalents increased from Jun. 2023 ($71.70 Mil) to Sep. 2023 ($83.28 Mil) and increased from Sep. 2023 ($83.28 Mil) to Dec. 2023 ($112.34 Mil).

Industrial Logistics Properties Trust's annual cash and cash equivalents increased from Dec. 2021 ($29.40 Mil) to Dec. 2022 ($48.26 Mil) and increased from Dec. 2022 ($48.26 Mil) to Dec. 2023 ($112.34 Mil).


Industrial Logistics Properties Trust Cash And Cash Equivalents Historical Data

The historical data trend for Industrial Logistics Properties 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.

Industrial Logistics Properties Trust Cash And Cash Equivalents Chart

Industrial Logistics Properties Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
Get a 7-Day Free Trial Premium Member Only 28.42 22.83 29.40 48.26 112.34

Industrial Logistics Properties 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.26 61.25 71.70 83.28 112.34

Industrial Logistics Properties 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.


Industrial Logistics Properties Trust  (NAS:ILPT) 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.


Industrial Logistics Properties Trust Cash And Cash Equivalents Related Terms

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Industrial Logistics Properties Trust (Industrial Logistics Properties Trust) Business Description

Traded in Other Exchanges
N/A
Address
Two Newton Place, 255 Washington Street, Suite 300, Newton, MA, USA, 02458-1634
Industrial Logistics Properties Trust is a real estate investment trust. It owns and leases industrial and logistics properties throughout the United States. The company's investment portfolio includes industrial lands in Hawaii and industrial and logistics properties in other states. Rental revenue is earned from Hawaii Properties and Mainland Properties.
Executives
Tiffany R Sy officer: CFO and Treasurer TWO NEWTON PLACE, 225 WASHINGTON STREET SUITE 300, NEWTON MA 02458
Kevin C Phelan director 93 LOWELL ROAD, WELLESLEY MA 02481
Joseph Morea director C/O REIT MANAGEMENT & RESEARCH LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Lisa Harris Jones director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Brian E. Donley officer: CFO and Treasurer C/O THE RMR GROUP LLC,, TWO NEWTON PL., 255 WASHINGTON ST., NEWTON MA 02458
Matthew P. Jordan director C/O THE RMR GROUP INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458-1634
June S. Youngs director C/O THE RMR GROUP LLC, TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Yael Duffy officer: Vice President C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Laura A. Wilkin director CO INDUSTRIAL LOGISTICS PROPERTIES TRUST, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
John G. Murray director, officer: President and CEO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Barry M. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Adam D. Portnoy director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
John C. Popeo officer: President and COO C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Bruce M. Gans director C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Select Income Reit 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458