Town Centre Securities (LSE:TOWN) Cash, Cash Equivalents, Marketable Securities : £28.83 Mil (As of Dec. 2023)

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What is Town Centre Securities Cash, Cash Equivalents, Marketable Securities?

Town Centre Securities's quarterly cash, cash equivalents, marketable securities increased from Dec. 2022 (£20.34 Mil) to Jun. 2023 (£29.76 Mil) but then stayed the same from Jun. 2023 (£29.76 Mil) to Dec. 2023 (£28.83 Mil).

Town Centre Securities's annual cash, cash equivalents, marketable securities increased from Jun. 2021 (£21.67 Mil) to Jun. 2022 (£22.15 Mil) and increased from Jun. 2022 (£22.15 Mil) to Jun. 2023 (£29.76 Mil).

Town Centre Securities Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Town Centre Securities'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.

Town Centre Securities Cash, Cash Equivalents, Marketable Securities Chart

Town Centre Securities Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash, Cash Equivalents, Marketable Securities

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23.69

12.64

21.67

22.15

29.76

Town Centre Securities Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial															18.16	22.15	20.34	29.76	28.83

Town Centre Securities 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.

Town Centre Securities (LSE:TOWN) 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.

Town Centre Securities Cash, Cash Equivalents, Marketable Securities Related Terms

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Town Centre Securities (LSE:TOWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Town Centre Securities PLC (LSE:TOWN) » Definitions » Cash, Cash Equivalents, Marketable Securities

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TOWNl:UK TOWN.GB:UK

Address

Town Centre House, The Merrion Centre, Leeds, GBR, LS2 8LY

Website

https://www.tcs-plc.co.uk

Town Centre Securities PLC is the United Kingdom-based company engaged in property investment, development and trading and the provision of a hotel and car parks. The company operates in three business segments comprising property rental, car park activities and hotel operations. Geographically their operations are performed wholly in the United Kingdom. It serves in various sectors such as retail, leisure, office, car parking, distribution and residential. The company's property portfolio includes Rochdale Retail Park, Marina Residential, Eider House, Brownsfield Mill, Carver's Warehouse, Retail Village, The Arena Quarter, and others. The company derives of the revenue from the Property Rental segment.