GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) » Definitions » Cash, Cash Equivalents, Marketable Securities

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Cash, Cash Equivalents, Marketable Securities : R$4.48 Mil (As of Jun. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Luggo Fundo DE Investimento Imobiliario - FII Cash, Cash Equivalents, Marketable Securities?

Luggo Fundo DE Investimento Imobiliario - FII's quarterly cash, cash equivalents, marketable securities declined from Jun. 2021 (R$0.82 Mil) to Jun. 2022 (R$0.72 Mil) but then increased from Jun. 2022 (R$0.72 Mil) to Jun. 2023 (R$4.48 Mil).

Luggo Fundo DE Investimento Imobiliario - FII's annual cash, cash equivalents, marketable securities declined from Jun. 2020 (R$2.04 Mil) to Jun. 2021 (R$0.82 Mil) and declined from Jun. 2021 (R$0.82 Mil) to Jun. 2022 (R$0.72 Mil).


Luggo Fundo DE Investimento Imobiliario - FII Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Luggo Fundo DE Investimento Imobiliario - FII's Cash, Cash Equivalents, Marketable Securities 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.

Luggo Fundo DE Investimento Imobiliario - FII Cash, Cash Equivalents, Marketable Securities Chart

Luggo Fundo DE Investimento Imobiliario - FII Annual Data
Trend Jun20 Jun21 Jun22
Cash, Cash Equivalents, Marketable Securities
2.04 0.82 0.72

Luggo Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Jun20 Jun21 Jun22 Jun23
Cash, Cash Equivalents, Marketable Securities 2.04 0.82 0.72 4.48

Luggo Fundo DE Investimento Imobiliario - FII Cash, Cash Equivalents, Marketable Securities 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.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Luggo Fundo DE Investimento Imobiliario - FII  (BSP:LUGG11) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

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.


Luggo Fundo DE Investimento Imobiliario - FII Cash, Cash Equivalents, Marketable Securities Related Terms

Thank you for viewing the detailed overview of Luggo Fundo DE Investimento Imobiliario - FII's Cash, Cash Equivalents, Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Presidente Juscelino Kubitschek, 1400 - 8th Floor, Condminio Maria Cecilia Lara Campos - Itaim Bibi, Sao Paulo, SP, BRA, 04543-000
Luggo Fundo DE Investimento Imobiliario - FII is a real estate investment fund which focuses its investments in the residential construction sector.

Luggo Fundo DE Investimento Imobiliario - FII (BSP:LUGG11) Headlines

No Headlines