Belpointe PREP LLC (Belpointe PREP LLC) Cash And Cash Equivalents : $29.21 Mil (As of Mar. 2024)

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What is Belpointe PREP LLC Cash And Cash Equivalents?

Belpointe PREP LLC's quarterly cash and cash equivalents increased from Sep. 2023 ($15.74 Mil) to Dec. 2023 ($20.13 Mil) and increased from Dec. 2023 ($20.13 Mil) to Mar. 2024 ($29.21 Mil).

Belpointe PREP LLC's annual cash and cash equivalents declined from Dec. 2021 ($192.13 Mil) to Dec. 2022 ($143.47 Mil) and declined from Dec. 2022 ($143.47 Mil) to Dec. 2023 ($20.13 Mil).

Belpointe PREP LLC Cash And Cash Equivalents Historical Data

The historical data trend for Belpointe PREP LLC'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.

Belpointe PREP LLC Cash And Cash Equivalents Chart

Belpointe PREP LLC Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

6.58

192.13

143.47

20.13

Belpointe PREP LLC Quarterly Data
	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										115.68	63.48	15.74	20.13	29.21

Belpointe PREP LLC 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.

Belpointe PREP LLC (AMEX:OZ) 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.

Belpointe PREP LLC Cash And Cash Equivalents Related Terms

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Belpointe PREP LLC (Belpointe PREP LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Belpointe PREP LLC (AMEX:OZ) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Glenville Road, Greenwich, CT, USA, 06831

Website

https://www.belpointe.com

Belpointe PREP LLC is a qualified opportunity fund. The company's investments consist of properties located in qualified opportunity zones for the development or redevelopment of multifamily, student housing, senior living, healthcare, industrial, self-storage, hospitality, office, mixed-use, data centers, and solar projects located throughout the United States and its territories.

Executives

Dean W Drulias	director
Martin Lacoff	director, officer: Principal Financial Officer	515 W GREENS ROAD STE 720, HOUSTON TX 77067
Brandon E. Lacoff	director, officer: Chief Executive Officer	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Ronald Jr. Young	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Shawn Orser	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWICH CT 06831
Timothy Oberweger	director	C/O BELPOINTE, LLC, 255 GLENVILLE ROAD, GREENWHICH CT 06831

Belpointe PREP LLC (Belpointe PREP LLC) Headlines

From GuruFocus

Belpointe PREP, LLC Comments on Unusual Market Activity

By PRNewswire PRNewswire • 01-14-2022

Belpointe PREP, LLC Announces Lease Agreement with Sprouts Farmers Market

By sperokesalga sperokesalga • 05-24-2023

Belpointe PREP, LLC Acquires New Opportunity Zone Property in Storrs, Connecticut

By PRNewswire PRNewswire • 10-25-2022

Belpointe PREP, LLC Announces All Outstanding Loan Receivables Have Been Repaid In Full And Early

By Tiesvg Tiesvg • 12-20-2022

Belpointe OZ Announces A New Offering Designed For Broker-Dealers.

By sperokesalga sperokesalga • 05-17-2023

Belpointe PREP, LLC Acquires New Opportunity Zone Property in Nashville, Tennessee

By Value_Insider Value_Insider • 12-09-2022

Belpointe PREP, LLC Comments on Unusual Market Activity

By PRNewswire PRNewswire • 02-22-2022