Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Cash And Cash Equivalents : $10.6 Mil (As of Mar. 2024)

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What is Dream Office Real Estate Investment Trust Cash And Cash Equivalents?

Dream Office Real Estate Investment Trust's quarterly cash and cash equivalents declined from Sep. 2023 ($11.71 Mil) to Dec. 2023 ($9.89 Mil) but then increased from Dec. 2023 ($9.89 Mil) to Mar. 2024 ($10.63 Mil).

Dream Office Real Estate Investment Trust's annual cash and cash equivalents declined from Dec. 2021 ($6.85 Mil) to Dec. 2022 ($5.90 Mil) but then increased from Dec. 2022 ($5.90 Mil) to Dec. 2023 ($9.89 Mil).

Dream Office Real Estate Investment Trust Cash And Cash Equivalents Historical Data

The historical data trend for Dream Office Real Estate Investment Trust'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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Dream Office Real Estate Investment Trust Cash And Cash Equivalents Chart

Dream Office Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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72.45

10.21

6.85

5.90

9.89

Dream Office Real Estate Investment Trust 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															9.08	9.21	11.71	9.89	10.63

Dream Office Real Estate Investment Trust 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.

Dream Office Real Estate Investment Trust (OTCPK:DRETF) 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.

Dream Office Real Estate Investment Trust Cash And Cash Equivalents Related Terms

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Dream Office Real Estate Investment Trust (Dream Office Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Office Real Estate Investment Trust (OTCPK:DRETF) » Definitions » Cash And Cash Equivalents

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Traded in Other Exchanges

D.UN:Canada

Address

30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1

Website

https://www.dream.ca

Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.