ALE Property Group (ASX:LEP) Cash And Cash Equivalents : A$43.62 Mil (As of Jun. 2021)

View and export this data going back to 2003. Start your Free Trial

What is ALE Property Group Cash And Cash Equivalents?

ALE Property Group's quarterly cash and cash equivalents increased from Jun. 2020 (A$39.57 Mil) to Dec. 2020 (A$42.54 Mil) and increased from Dec. 2020 (A$42.54 Mil) to Jun. 2021 (A$43.62 Mil).

ALE Property Group's annual cash and cash equivalents increased from Jun. 2019 (A$33.11 Mil) to Jun. 2020 (A$39.57 Mil) and increased from Jun. 2020 (A$39.57 Mil) to Jun. 2021 (A$43.62 Mil).

ALE Property Group Cash And Cash Equivalents Historical Data

The historical data trend for ALE Property Group'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.

ALE Property Group Cash And Cash Equivalents Chart

ALE Property Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Cash And Cash Equivalents

Get a 7-Day Free Trial

59.59

46.01

33.11

39.57

43.62

ALE Property Group Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Cash And Cash Equivalents	Get a 7-Day Free Trial															33.11	25.76	39.57	42.54	43.62

ALE Property Group 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.

ALE Property Group (ASX:LEP) 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.

ALE Property Group Cash And Cash Equivalents Related Terms

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

ALE Property Group (ASX:LEP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ALE Property Group (ASX:LEP) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

264 George Street, Level 28:02 Australia Square Tower, Sydney, NSW, AUS, 2000

Website

http://www.alegroup.com.au

ALE Property Group is an internally managed Australian real estate investment trust with a portfolio of 86 freehold pubs across Australia. It is a stapled entity comprising one trust and a company that acts as responsible entity. The portfolio is valued at more than AUD 1 billion: 48% in Victoria, 31% in Queensland, 14% in New South Wales, and small exposures to South Australia and Western Australia. All properties are leased to Australia's largest pub operator, Endeavour Group.

ALE Property Group (ASX:LEP) Headlines

No Headlines