LB (LandBridge Co LLC) Cash And Cash Equivalents : $37.0 Mil (As of Dec. 2024)

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What is LandBridge Co LLC Cash And Cash Equivalents?

LandBridge Co LLC's quarterly cash and cash equivalents declined from Jun. 2024 ($24.65 Mil) to Sep. 2024 ($14.42 Mil) but then increased from Sep. 2024 ($14.42 Mil) to Dec. 2024 ($37.03 Mil).

LandBridge Co LLC's annual cash and cash equivalents increased from Dec. 2022 ($16.15 Mil) to Dec. 2023 ($37.82 Mil) but then declined from Dec. 2023 ($37.82 Mil) to Dec. 2024 ($37.03 Mil).

LandBridge Co LLC Cash And Cash Equivalents Historical Data

The historical data trend for LandBridge Co LLC'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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LandBridge Co LLC Cash And Cash Equivalents Chart

LandBridge Co LLC Annual Data

Trend

Dec22

Dec23

Dec24

Cash And Cash Equivalents

16.15

37.82

37.03

LandBridge Co LLC Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Cash And Cash Equivalents	Get a 7-Day Free Trial				37.82	4.79	24.65	14.42	37.03

LandBridge Co LLC 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.

LandBridge Co LLC (NYSE:LB) 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.

LandBridge Co LLC Cash And Cash Equivalents Related Terms

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LandBridge Co LLC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LandBridge Co LLC (NYSE:LB) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

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Address

5555 San Felipe Street, Suite 1200, Houston, TX, USA, 77056

Website

https://www.landbridgeco.com

LandBridge Co LLC is engaged in managing land and resources to support and promote oil and natural gas development. It generates revenue streams from the use of its surface acreage, the sale of resources from land and oil and gas royalties.