Lighthouse Properties (JSE:LTE) Cash And Cash Equivalents : R2,156 Mil (As of Dec. 2023)

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What is Lighthouse Properties Cash And Cash Equivalents?

Lighthouse Properties's quarterly cash and cash equivalents increased from Dec. 2022 (R312.36 Mil) to Jun. 2023 (R611.78 Mil) and increased from Jun. 2023 (R611.78 Mil) to Dec. 2023 (R2,155.61 Mil).

Lighthouse Properties's annual cash and cash equivalents increased from Dec. 2021 (R283.71 Mil) to Dec. 2022 (R312.36 Mil) and increased from Dec. 2022 (R312.36 Mil) to Dec. 2023 (R2,155.61 Mil).

Lighthouse Properties Cash And Cash Equivalents Historical Data

The historical data trend for Lighthouse 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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Lighthouse Properties Cash And Cash Equivalents Chart

Lighthouse Properties Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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6,120.64

277.31

283.71

312.36

2,155.61

Lighthouse Properties Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash And Cash Equivalents	Get a 7-Day Free Trial												283.71	466.34	312.36	611.78	2,155.61

Lighthouse 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.

Lighthouse Properties (JSE:LTE) 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.

Lighthouse Properties Cash And Cash Equivalents Related Terms

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Lighthouse Properties (JSE:LTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lighthouse Properties PLC (JSE:LTE) » Definitions » Cash And Cash Equivalents

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87O:Germany

Address

IL-Piazzetta, Tower Road, 4th Floor, Office 41, Block A, Sliema, MLT, SLM 1605

Website

https://www.lighthouse.mt

Lighthouse Properties PLC is engaged in investing in direct property and infrastructure assets as well as in listed real estate and infrastructure securities. The firm operates in three segments: Listed infrastructure, Listed real estate, and Direct property out of which the Direct property segment accounts for the majority of revenue.

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