Emaar Development PJSC (DFM:EMAARDEV) Cash And Cash Equivalents : د.إ20,357 Mil (As of Mar. 2024)

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What is Emaar Development PJSC Cash And Cash Equivalents?

Emaar Development PJSC's quarterly cash and cash equivalents increased from Sep. 2023 (د.إ17,498.87 Mil) to Dec. 2023 (د.إ18,421.67 Mil) and increased from Dec. 2023 (د.إ18,421.67 Mil) to Mar. 2024 (د.إ20,356.51 Mil).

Emaar Development PJSC's annual cash and cash equivalents increased from Dec. 2021 (د.إ5,688.66 Mil) to Dec. 2022 (د.إ11,362.76 Mil) and increased from Dec. 2022 (د.إ11,362.76 Mil) to Dec. 2023 (د.إ18,421.67 Mil).

Emaar Development PJSC Cash And Cash Equivalents Historical Data

The historical data trend for Emaar Development PJSC'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.

Emaar Development PJSC Cash And Cash Equivalents Chart

Emaar Development PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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4,226.50

3,350.00

5,688.66

11,362.76

18,421.67

Emaar Development PJSC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															12,852.33	15,210.10	17,498.87	18,421.67	20,356.51

Emaar Development PJSC 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.

Emaar Development PJSC (DFM:EMAARDEV) 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.

Emaar Development PJSC Cash And Cash Equivalents Related Terms

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Emaar Development PJSC (DFM:EMAARDEV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Emaar Development PJSC (DFM:EMAARDEV) » Definitions » Cash And Cash Equivalents

Traded in Other Exchanges

N/A

Address

Emaar Business Park 1, Level 7, P.O. Box 9440, Dubai, ARE

Website

https://www.emaar.com

Emaar Development PJSC develops residential and commercial build-to-sell assets in the United Arab Emirates. Its business divisions include Malls, Entertainment, Hospitality, and Burj Khalifa. Malls include Gold and Diamond Park, The Dubai Mall, Souk Al Bahar, and others. The entertainment section comprises of KidZania, Dubai Opera, Dubai Ice Rink, and Dubai Aquarium and Underwater Zoo. Hospitality consists of Rove Hotels, Emaar Leisure Group, Vida Hotels and Resorts, and others.

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