PS Business Parks (PS Business Parks) Cash And Cash Equivalents : $112.2 Mil (As of Sep. 2022)

View and export this data going back to 1991. Start your Free Trial

What is PS Business Parks Cash And Cash Equivalents?

PS Business Parks's quarterly cash and cash equivalents increased from Mar. 2022 ($104.20 Mil) to Jun. 2022 ($173.46 Mil) but then stayed the same from Jun. 2022 ($173.46 Mil) to Sep. 2022 ($112.18 Mil).

PS Business Parks's annual cash and cash equivalents declined from Dec. 2020 ($69.08 Mil) to Dec. 2021 ($27.07 Mil) but then increased from Dec. 2021 ($27.07 Mil) to Dec. 2022 ($51.61 Mil).

PS Business Parks Cash And Cash Equivalents Historical Data

The historical data trend for PS Business Parks'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.

PS Business Parks Cash And Cash Equivalents Chart

PS Business Parks Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash And Cash Equivalents

Get a 7-Day Free Trial

37.38

62.79

69.08

27.07

51.61

PS Business Parks Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash And Cash Equivalents	Get a 7-Day Free Trial															27.07	104.20	173.46	112.18	51.61

PS Business Parks 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.

PS Business Parks (NYSE:PSB) 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.

PS Business Parks Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of PS Business Parks's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

PS Business Parks (PS Business Parks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PS Business Parks Inc (NYSE:PSB) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

PSBZP.PFD:USA PSBYP.PFD:USA PSBXP.PFD:USA

Address

345 Park Avenue, New York, NY, USA, 10154

Website

https://www.psbusinessparks.com

Link Parks Inc formerly NamePS Business Parks Inc is a real estate investment trust that owns and operates primarily multitenant commercial warehouse, office, industrial park, and flex properties in the United States. The business activities of the group functioned through the acquisition, development, ownership and management of commercial real estate and the acquisition, development, ownership and management of multifamily real estate. The company defines flex space as locations that combine both warehouse and office space in a single configuration. Almost half the company's properties are located in California. The company generates nearly most of its revenue from rental income derived from its flex space and low-rise office holdings.

Executives

Havner Ronald L Jr	director	701 WESTERN AVENUE, GLENDALE CA 91201
Maria R Hawthorne	director	701 WESTERN AVENUE, GLENDALE CA 91201
Trenton Groves	officer: SVP, CAO & Asst. Sec.	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Adeel Khan	officer: Chief Financial Officer	11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Jennifer Holden Dunbar	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
M Christian Mitchell	director	355 S. GRAND AVE, SUITE 1750, LOS ANGELES CA 90071
Jeffrey D Hedges	officer: EVP, CFO & Secretary	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Russell Joseph D Jr	officer: PRESIDENT / CEO	PUBLIC STORAGE, 701 WESTERN AVENUE, GLENDALE CA 91201
Irene H Oh	director	135 N LOS ROBLES AVE. 7TH FL, PASADENA CA 91101
Chandler, Iii Dan M.	officer: President & CEO	915 WILSHIRE BOULEVARD, SUITE 2200, LOS ANGELES CA 90017
Kristy Pipes	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
James H Kropp	director	701 WESTERN AVENUE, GLENDALE CA 91201
John W Petersen	officer: Executive Vice President & COO	701 WESTERN AVENUE, GLENDALE CA 91201
Stephen W Wilson	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201
Robert S Rollo	director	C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE CA 91201