Igis Value Plus REIT (XKRX:334890) Cash And Cash Equivalents : ₩6,842 Mil (As of Aug. 2024)

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What is Igis Value Plus REIT Cash And Cash Equivalents?

Igis Value Plus REIT's quarterly cash and cash equivalents declined from Aug. 2023 (₩11,086.59 Mil) to Feb. 2024 (₩1,961.94 Mil) but then increased from Feb. 2024 (₩1,961.94 Mil) to Aug. 2024 (₩6,841.73 Mil).

Igis Value Plus REIT's annual cash and cash equivalents declined from Feb. 2022 (₩6,124.90 Mil) to Feb. 2023 (₩2,840.69 Mil) and declined from Feb. 2023 (₩2,840.69 Mil) to Feb. 2024 (₩1,961.94 Mil).

Igis Value Plus REIT Cash And Cash Equivalents Historical Data

The historical data trend for Igis Value Plus 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.

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Igis Value Plus REIT Cash And Cash Equivalents Chart

Igis Value Plus REIT Annual Data

Trend

Oct19

Aug20

Feb21

Feb22

Feb23

Feb24

Cash And Cash Equivalents

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3,939.80

4,240.79

6,124.90

2,840.69

1,961.94

Igis Value Plus REIT Semi-Annual Data
	Oct19	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Cash And Cash Equivalents	Get a 7-Day Free Trial					7,747.89	2,840.69	11,086.59	1,961.94	6,841.73

Igis Value Plus 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.

Igis Value Plus REIT (XKRX:334890) 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.

Igis Value Plus REIT Cash And Cash Equivalents Related Terms

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Igis Value Plus REIT Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Igis Value Plus REIT (XKRX:334890) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

115, Yeouigongwon-ro, Yeongdeungpo-gu, 14th Floor, Sewoo Building, Seoul, KOR, 07241

Website

https://www.igisam.com

Igis Value Plus REIT is a real estate investment company. The investment objective is to grow capital and to generate returns through various strategies based on long-term risk and market cycle analysis.

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