alstria office REIT-AG (XTER:AOX) Cash And Cash Equivalents : €116.3 Mil (As of Dec. 2023)

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What is alstria office REIT-AG Cash And Cash Equivalents?

alstria office REIT-AG's quarterly cash and cash equivalents declined from Jun. 2023 (€299.90 Mil) to Sep. 2023 (€287.74 Mil) but then stayed the same from Sep. 2023 (€287.74 Mil) to Dec. 2023 (€116.28 Mil).

alstria office REIT-AG's annual cash and cash equivalents increased from Dec. 2021 (€313.68 Mil) to Dec. 2022 (€364.97 Mil) but then declined from Dec. 2022 (€364.97 Mil) to Dec. 2023 (€116.28 Mil).

alstria office REIT-AG Cash And Cash Equivalents Historical Data

The historical data trend for alstria office REIT-AG'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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alstria office REIT-AG Cash And Cash Equivalents Chart

alstria office REIT-AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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298.22

460.96

313.68

364.97

116.28

alstria office REIT-AG 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															364.97	374.05	299.90	287.74	116.28

alstria office REIT-AG 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.

alstria office REIT-AG (XTER:AOX) 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.

alstria office REIT-AG Cash And Cash Equivalents Related Terms

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alstria office REIT-AG (XTER:AOX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » alstria office REIT-AG (XTER:AOX) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

ALSRF:USA 0O9Q:UK AOX:Austria

Address

Steinstrasse 7, Hamburg, DEU, 20095

Website

https://www.alstria.com

alstria office REIT-AG is a real estate investment trust engaged in the acquisition, management, refurbishment, and sale of office properties throughout Germany. The vast majority of the company's real estate portfolio is dispersed between the German regions of Rhine-Ruhr, Hamburg, Rhine-Main, and Stuttgart. The company derives nearly all of its revenue in the form of rental income from the leasing of its properties. alstria's largest tenants in terms of annual rental revenue include a variety of local government, automotive, telecommunications, and insurance entities. it focuses on a small number of large tenants that account for the majority of its rental income.

Executives

Olivier Elamine

Board of Directors

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