Emira Property Fund (JSE:EMI) Cash And Cash Equivalents : R173 Mil (As of Sep. 2023)

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

What is Emira Property Fund Cash And Cash Equivalents?

Emira Property Fund's quarterly cash and cash equivalents increased from Jun. 2022 (R66.78 Mil) to Dec. 2022 (R238.09 Mil) but then stayed the same from Dec. 2022 (R238.09 Mil) to Sep. 2023 (R173.19 Mil).

Emira Property Fund's annual cash and cash equivalents increased from Jun. 2020 (R95.05 Mil) to Jun. 2021 (R96.91 Mil) but then declined from Jun. 2021 (R96.91 Mil) to Jun. 2022 (R66.78 Mil).

Emira Property Fund Cash And Cash Equivalents Historical Data

The historical data trend for Emira Property Fund'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.

Emira Property Fund Cash And Cash Equivalents Chart

Emira Property Fund Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Cash And Cash Equivalents

Get a 7-Day Free Trial

109.46

73.23

95.05

96.91

66.78

Emira Property Fund Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Sep23
Cash And Cash Equivalents	Get a 7-Day Free Trial															96.91	103.75	66.78	238.09	173.19

Emira Property Fund 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.

Emira Property Fund (JSE:EMI) 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.

Emira Property Fund Cash And Cash Equivalents Related Terms

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

Emira Property Fund (JSE:EMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Emira Property Fund Ltd (JSE:EMI) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Sloane Street, 1st Floor, Block A, Knightsbridge, Bryanston, Johannesburg, GT, ZAF, 2191

Website

https://www.emira.co.za

Emira Property Fund Ltd is a South African real estate investment trust. The company's portfolio consists of office, retail, residential and industrial properties. Most of the properties are in Gauteng, with the others in Western Cape and KwaZulu-Natal. The company operates through five segments namely: Office; Retail; Industrial; Residential and Corporate. The office segment comprises commercial properties. The retail segment includes shopping centers. The industrial segment consists of industrial properties.

Emira Property Fund (JSE:EMI) Headlines

No Headlines