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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Cash And Cash Equivalents : R$4.48 Mil (As of Jun. 2023)


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

Luggo Fundo DE Investimento Imobiliario - FII's quarterly cash and cash equivalents declined from Jun. 2021 (R$0.82 Mil) to Jun. 2022 (R$0.72 Mil) but then increased from Jun. 2022 (R$0.72 Mil) to Jun. 2023 (R$4.48 Mil).

Luggo Fundo DE Investimento Imobiliario - FII's annual cash and cash equivalents declined from Jun. 2020 (R$2.04 Mil) to Jun. 2021 (R$0.82 Mil) and declined from Jun. 2021 (R$0.82 Mil) to Jun. 2022 (R$0.72 Mil).


Luggo Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents Historical Data

The historical data trend for Luggo 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.

Luggo Fundo DE Investimento Imobiliario - FII Cash And Cash Equivalents Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22
Cash And Cash Equivalents
2.04 0.82 0.72

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Cash And Cash Equivalents 2.04 0.82 0.72 4.48

Luggo 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.


Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) 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.


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Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

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