Merlin Properties SOCIMI (LTS:0QVM) Cash And Cash Equivalents : €1,675.2 Mil (As of Sep. 2024)

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What is Merlin Properties SOCIMI Cash And Cash Equivalents?

Merlin Properties SOCIMI's quarterly cash and cash equivalents increased from Mar. 2024 (€545.30 Mil) to Jun. 2024 (€725.33 Mil) and increased from Jun. 2024 (€725.33 Mil) to Sep. 2024 (€1,675.22 Mil).

Merlin Properties SOCIMI's annual cash and cash equivalents declined from Dec. 2021 (€860.19 Mil) to Dec. 2022 (€424.73 Mil) but then increased from Dec. 2022 (€424.73 Mil) to Dec. 2023 (€455.70 Mil).

Merlin Properties SOCIMI Cash And Cash Equivalents Historical Data

The historical data trend for Merlin Properties SOCIMI'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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Merlin Properties SOCIMI Cash And Cash Equivalents Chart

Merlin Properties SOCIMI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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254.02

245.27

860.19

424.73

455.70

Merlin Properties SOCIMI Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															356.51	455.70	545.30	725.33	1,675.22

Merlin Properties SOCIMI 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.

Merlin Properties SOCIMI (LTS:0QVM) 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.

Merlin Properties SOCIMI Cash And Cash Equivalents Related Terms

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Merlin Properties SOCIMI Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Merlin Properties SOCIMI SA (LTS:0QVM) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

MRPRF:USA MRL:Portugal MRLe:UK MRL:Spain MEQA:Germany

Address

Paseo de la Castellana 257, Madrid, ESP, 28046

Website

https://www.merlinproperties.com

Merlin Properties SOCIMI SA is a Spain-based company engaged in the operation of the real estate investment trust. The main activity of the company is the acquisition, active management, operation and selective rotation of quality commercial real estate assets in the "Core" and "Core-Plus" investment segments, mainly in Spain and, to a lesser extent, in Portugal. Its segments are based on the type of assets namely Office buildings, Data Centers, Shopping centers, Logistics assets, and others. The company generates the maximum revenue from the Office buildings segment.

Merlin Properties SOCIMI Headlines

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