GIPR (Generationome Properties) Cash And Cash Equivalents : $2.55 Mil (As of Jun. 2024)

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What is Generationome Properties Cash And Cash Equivalents?

Generationome Properties's quarterly cash and cash equivalents declined from Dec. 2023 ($3.12 Mil) to Mar. 2024 ($1.66 Mil) but then increased from Mar. 2024 ($1.66 Mil) to Jun. 2024 ($2.55 Mil).

Generationome Properties's annual cash and cash equivalents declined from Dec. 2021 ($10.59 Mil) to Dec. 2022 ($3.72 Mil) and declined from Dec. 2022 ($3.72 Mil) to Dec. 2023 ($3.12 Mil).

Generationome Properties Cash And Cash Equivalents Historical Data

The historical data trend for Generationome Properties'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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Generationome Properties Cash And Cash Equivalents Chart

Generationome Properties Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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0.97

0.94

10.59

3.72

3.12

Generationome Properties Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Cash And Cash Equivalents	Get a 7-Day Free Trial															2.11	4.34	3.12	1.66	2.55

Generationome Properties 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.

Generationome Properties (NAS:GIPR) 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.

Generationome Properties Cash And Cash Equivalents Related Terms

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Generationome Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Generation Income Properties Inc (NAS:GIPR) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602

Website

https://www.gipreit.com

Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in major markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, District of Columbia, Florida, Illinois, North Carolina and Virginia.

Executives

Patrick Quilty	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
David Sobelman	director, officer: Chairman, President, CEO	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Allison Davies	officer: CFO & Treasurer	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Gena Cheng	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Betsy Peck	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Richard D. Russell	officer: CFO & Treasurer	3201 W BAY VISTA AVE, TAMPA FL 33611
Benjamin Adams	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Stuart Eisenberg	director	401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
John Robert Sierra	10 percent owner	509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613
John Robert Sierra Sr. Revocable Family Trust	10 percent owner	509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613