Dream Residential REIT (Dream Residential REIT) Cash, Cash Equivalents, Marketable Securities : $9.12 Mil (As of Mar. 2024)

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What is Dream Residential REIT Cash, Cash Equivalents, Marketable Securities?

Dream Residential REIT's quarterly cash, cash equivalents, marketable securities increased from Jun. 2023 ($8.38 Mil) to Dec. 2023 ($10.94 Mil) but then stayed the same from Dec. 2023 ($10.94 Mil) to Mar. 2024 ($9.12 Mil).

Dream Residential REIT's annual cash, cash equivalents, marketable securities increased from . 20 ($0.00 Mil) to Dec. 2022 ($11.65 Mil) but then declined from Dec. 2022 ($11.65 Mil) to Dec. 2023 ($10.94 Mil).

Dream Residential REIT Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Dream Residential REIT'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.

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Dream Residential REIT Cash, Cash Equivalents, Marketable Securities Chart

Dream Residential REIT Annual Data

Trend

Dec22

Dec23

Cash, Cash Equivalents, Marketable Securities

11.65

10.94

Dream Residential REIT Quarterly Data
	Feb22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Cash, Cash Equivalents, Marketable Securities	Get a 7-Day Free Trial			11.65	12.90	8.38	10.94	9.12

Dream Residential REIT 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.

Dream Residential REIT (OTCPK:DRREF) 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.

Dream Residential REIT Cash, Cash Equivalents, Marketable Securities Related Terms

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Dream Residential REIT (Dream Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Cash, Cash Equivalents, Marketable Securities

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Traded in Other Exchanges

DRR.U:Canada

Address

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

Website

https://www.dream.ca

Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.