Link Real Estate Investment Trust (HKSE:00823) Cash And Cash Equivalents : HK$3,217 Mil (As of Sep. 2023)

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What is Link Real Estate Investment Trust Cash And Cash Equivalents?

Link Real Estate Investment Trust's quarterly cash and cash equivalents increased from Sep. 2022 (HK$2,097.00 Mil) to Mar. 2023 (HK$13,987.00 Mil) but then stayed the same from Mar. 2023 (HK$13,987.00 Mil) to Sep. 2023 (HK$3,217.00 Mil).

Link Real Estate Investment Trust's annual cash and cash equivalents increased from Mar. 2021 (HK$2,530.00 Mil) to Mar. 2022 (HK$2,779.00 Mil) and increased from Mar. 2022 (HK$2,779.00 Mil) to Mar. 2023 (HK$13,987.00 Mil).

Link Real Estate Investment Trust Cash And Cash Equivalents Historical Data

The historical data trend for Link Real Estate Investment Trust'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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Link Real Estate Investment Trust Cash And Cash Equivalents Chart

Link Real Estate Investment Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash And Cash Equivalents

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2,694.00

7,877.00

2,530.00

2,779.00

13,987.00

Link Real Estate Investment Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															2,062.00	2,779.00	2,097.00	13,987.00	3,217.00

Link Real Estate Investment Trust 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.

Link Real Estate Investment Trust (HKSE:00823) 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.

Link Real Estate Investment Trust Cash And Cash Equivalents Related Terms

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Link Real Estate Investment Trust (HKSE:00823) Business Description

Industry

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LKREF:USA L5R:Germany

Address

77 Hoi Bun Road, 20th Floor, Tower 1, The Quayside, Kowloon, Kwun Tong, Hong Kong, HKG

Website

https://www.linkreit.com

Link REIT is Asia's largest REIT, listed in 2005 to privatize retail assets held by the Hong Kong Housing Authority. It owns 154 properties and about 60,000 car park spaces. It expanded its investment mandate in 2014 to allow overseas acquisitions and has since acquired retail and office properties in China, as well as an office development project in Hong Kong. More recently, Link expanded its footprint to Sydney, Melbourne, London, and Singapore.

Link Real Estate Investment Trust (HKSE:00823) Headlines

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