Hankyu Hanshin REIT (TSE:8977) Cash And Cash Equivalents : 円5,622 Mil (As of May. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Hankyu Hanshin REIT Cash And Cash Equivalents?

Hankyu Hanshin REIT's quarterly cash and cash equivalents increased from May. 2023 (円5,237.98 Mil) to Nov. 2023 (円5,765.92 Mil) but then stayed the same from Nov. 2023 (円5,765.92 Mil) to May. 2024 (円5,621.64 Mil).

Hankyu Hanshin REIT's annual cash and cash equivalents declined from Nov. 2021 (円5,658.91 Mil) to Nov. 2022 (円4,651.37 Mil) but then increased from Nov. 2022 (円4,651.37 Mil) to Nov. 2023 (円5,765.92 Mil).

Hankyu Hanshin REIT Cash And Cash Equivalents Historical Data

The historical data trend for Hankyu Hanshin REIT'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.

Hankyu Hanshin REIT Cash And Cash Equivalents Chart

Hankyu Hanshin REIT Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Cash And Cash Equivalents

Get a 7-Day Free Trial

4,654.28

4,917.80

5,658.91

4,651.37

5,765.92

Hankyu Hanshin REIT Semi-Annual Data
	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Cash And Cash Equivalents	Get a 7-Day Free Trial															5,270.71	4,651.37	5,237.98	5,765.92	5,621.64

Hankyu Hanshin REIT 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.

Hankyu Hanshin REIT (TSE:8977) 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.

Hankyu Hanshin REIT Cash And Cash Equivalents Related Terms

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

Hankyu Hanshin REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hankyu Hanshin REIT Inc (TSE:8977) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-19, Chayamachi, Kita-ku, Osaka, JPN, 530-0013

Website

https://www.hankyuhanshinreit.co.jp

Hankyu Hanshin REIT Inc is a real estate investment trust. The firm manages funds contributed by unitholders by investing them mainly in real estate and real estate backed securities. Its portfolio comprises retail facilities, Office use facilities and Complex facilities. The firm holds the majority of its investments in Kansai region.

Hankyu Hanshin REIT Headlines

No Headlines