Landsea Homes (Landsea Homes) Cash And Cash Equivalents : $121 Mil (As of Mar. 2024)

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What is Landsea Homes Cash And Cash Equivalents?

Landsea Homes's quarterly cash and cash equivalents declined from Sep. 2023 ($133.49 Mil) to Dec. 2023 ($119.56 Mil) but then increased from Dec. 2023 ($119.56 Mil) to Mar. 2024 ($121.49 Mil).

Landsea Homes's annual cash and cash equivalents declined from Dec. 2021 ($342.81 Mil) to Dec. 2022 ($123.63 Mil) and declined from Dec. 2022 ($123.63 Mil) to Dec. 2023 ($119.56 Mil).

Landsea Homes Cash And Cash Equivalents Historical Data

The historical data trend for Landsea Homes'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.

Landsea Homes Cash And Cash Equivalents Chart

Landsea Homes Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

0.16

105.78

342.81

123.63

119.56

Landsea Homes Quarterly Data
	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													136.79	74.19	133.49	119.56	121.49

Landsea Homes 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.

Landsea Homes (NAS:LSEA) 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.

Landsea Homes Cash And Cash Equivalents Related Terms

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Landsea Homes (Landsea Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Landsea Homes Corp (NAS:LSEA) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

8HJ:Germany

Address

660 Newport Center Drive, Suite 300, Newport Beach, CA, USA, 92660

Website

https://www.landseahomes.com

Landsea Homes Corp is a homebuilding company. It designs and builds best-in-class homes and sustainable master-planned communities in some of the nation's most desirable markets. The company's segments include Arizona, California, Florida, Metro New York, and Texas. It derives a majority of revenue from California.

Executives

Elias Farhat	director	C/O LF CAPITAL ACQUISITION CORP, 600 MADISON AVE, NEW YORK NY 10022
Green Investment Alpha Ltd	10 percent owner	595 BURRARD STREET, STE 1000, VANCOUVER A1 V7X1S8
Landsea Holdings Corp	10 percent owner	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Michael Forsum	officer: President and COO	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
John Ho	director, officer: Chief Executive Officer	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Christopher T Porter	officer: Chief Financial Officer	CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Robert S Miller	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Thomas Hartfield	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Mollie Fadule	director	14273 209TH AVENUE NE, WOODINVILLE WA 98077
Dilliana Stewart	officer: Chief Accounting Officer	C/O LANDSEA HOMES, 660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Xuefeng Bao	other: see explanatory note	1007-102 10 F/K WAH CENTRE, 191 JAVA ROAD, NORTH POINT K3 HONG KONG
Qin Zhou	director	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660
Scott A. Reed	director, officer: Chief Financial Officer	901 E. CARY STREET, ONE JAMES CENTER, SUITE 1700, RICHMOND VA 23219
Susan E. Lattmann	director	C/O BED BATH & BEYOND INC., 650 LIBERTY AVENUE, UNION NJ 07083
Trent Schreiner	officer: SVP of Accounting and CAO	660 NEWPORT CENTER DRIVE, SUITE 300, NEWPORT BEACH CA 92660