Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Cash And Cash Equivalents : C$14.1 Mil (As of Dec. 2023)

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What is Killam Apartment Real Estate Investment Trust Cash And Cash Equivalents?

Killam Apartment Real Estate Investment Trust's quarterly cash and cash equivalents increased from Jun. 2023 (C$9.92 Mil) to Sep. 2023 (C$10.67 Mil) and increased from Sep. 2023 (C$10.67 Mil) to Dec. 2023 (C$14.09 Mil).

Killam Apartment Real Estate Investment Trust's annual cash and cash equivalents increased from Dec. 2021 (C$6.48 Mil) to Dec. 2022 (C$9.15 Mil) and increased from Dec. 2022 (C$9.15 Mil) to Dec. 2023 (C$14.09 Mil).

Killam Apartment Real Estate Investment Trust Cash And Cash Equivalents Historical Data

The historical data trend for Killam Apartment 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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Killam Apartment Real Estate Investment Trust Cash And Cash Equivalents Chart

Killam Apartment 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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12.80

2.56

6.48

9.15

14.09

Killam Apartment 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															9.15	9.16	9.92	10.67	14.09

Killam Apartment 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.

Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) 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.

Killam Apartment Real Estate Investment Trust Cash And Cash Equivalents Related Terms

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Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Killam Apartment Real Estate Investment Trust (TSX:KMP.UN) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

KMMPF:USA

Address

3700 Kempt Road, Suite 100, Halifax, NS, CAN, B3K 4X8

Website

https://www.killamreit.com

Killam Apartment Real Estate Investment Trust is an open-ended mutual fund trust. The company specializes in the acquisition, management, and development of multi-residential apartment buildings and manufactured home communities (MHCs) and commercial properties in Canada. It has three operating segments, Apartment segment, MHC segment, and Commercial segment. The apartment segment acquires, operates, manages and develops multi-family residential properties across Canada. The MHC segment acquires and operates MHC communities in Ontario and Eastern Canada, and the Commercial segment includes eight commercial properties.

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