Philippine Estates (PHS:PHES) Cash And Cash Equivalents : ₱95.0 Mil (As of Mar. 2025)

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What is Philippine Estates Cash And Cash Equivalents?

Philippine Estates's quarterly cash and cash equivalents increased from Sep. 2024 (₱13.42 Mil) to Dec. 2024 (₱28.67 Mil) and increased from Dec. 2024 (₱28.67 Mil) to Mar. 2025 (₱94.99 Mil).

Philippine Estates's annual cash and cash equivalents increased from Dec. 2022 (₱12.90 Mil) to Dec. 2023 (₱15.43 Mil) and increased from Dec. 2023 (₱15.43 Mil) to Dec. 2024 (₱28.67 Mil).

Philippine Estates Cash And Cash Equivalents Historical Data

The historical data trend for Philippine Estates'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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Philippine Estates Cash And Cash Equivalents Chart

Philippine Estates Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Cash And Cash Equivalents

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16.84

385.03

12.90

15.43

28.67

Philippine Estates Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash And Cash Equivalents	Get a 7-Day Free Trial															13.90	13.46	13.42	28.67	94.99

Philippine Estates 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.

Philippine Estates (PHS:PHES) 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.

Philippine Estates Cash And Cash Equivalents Related Terms

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Philippine Estates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Estates Corp (PHS:PHES) » Definitions » Cash And Cash Equivalents

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Address

Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605

Website

https://www.phes.com.ph

Philippine Estates Corp is a real estate company engaged in the business of holding and developing real estate properties or other properties. Its segments include Metro Manila, which includes an industrial park and condominium projects; Other Luzon Areas such as Bulacan, Cavite-subdivision development; Cebu includes subdivision, mixed-use, and condominium projects; Iloilo includes subdivision, mixed-use; and Davao, which includes an administrative office. The group derives key revenue from Metro Manila business segments.

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