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Legatus Shoppings Fundo DE Investimento Imobiliario - FII (BSP:LASC11) Cash And Cash Equivalents : R$0.00 Mil (As of Dec. 2023)


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What is Legatus Shoppings Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents?

Legatus Shoppings Fundo DE Investimento Imobiliario - FII's quarterly cash and cash equivalents declined from Dec. 2021 (R$12.96 Mil) to Dec. 2022 (R$0.07 Mil) but then stayed the same from Dec. 2022 (R$0.07 Mil) to Dec. 2023 (R$0.00 Mil).

Legatus Shoppings Fundo DE Investimento Imobiliario - FII's annual cash and cash equivalents declined from Dec. 2021 (R$12.96 Mil) to Dec. 2022 (R$0.07 Mil) and declined from Dec. 2022 (R$0.07 Mil) to Dec. 2023 (R$0.00 Mil).


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents Historical Data

The historical data trend for Legatus Shoppings Fundo DE Investimento Imobiliario - FII'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.

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents Chart

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents
- - 12.96 0.07 -

Legatus Shoppings Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Cash And Cash Equivalents - - 12.96 0.07 -

Legatus Shoppings Fundo DE Investimento Imobiliario - FII 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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII  (BSP:LASC11) 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.


Legatus Shoppings Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents Related Terms

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Legatus Shoppings Fundo DE Investimento Imobiliario - FII Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, Rio de Janeiro, RJ, BRA, CEP: 22250040
Legatus Shoppings Fundo DE Investimento Imobiliario - FII is a Brazil-based company. Its objective is to obtain income through the real estate exploration of Real Estate Assets, as well as capital gains, through the purchase and sale of Real Estate Assets and the investment of resources, predominantly in Real Estate Assets.

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