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Mailbox REIT (IPSX:MBOX) Cash, Cash Equivalents, Marketable Securities : £3.37 Mil (As of Jun. 2023)


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What is Mailbox REIT Cash, Cash Equivalents, Marketable Securities?

Mailbox REIT's quarterly cash, cash equivalents, marketable securities increased from Jun. 2022 (£1.23 Mil) to Dec. 2022 (£1.90 Mil) and increased from Dec. 2022 (£1.90 Mil) to Jun. 2023 (£3.37 Mil).

Mailbox REIT's annual cash, cash equivalents, marketable securities increased from Dec. 2020 (£1.75 Mil) to Dec. 2021 (£10.05 Mil) but then declined from Dec. 2021 (£10.05 Mil) to Dec. 2022 (£1.90 Mil).

Mailbox REIT Cash, Cash Equivalents, Marketable Securities Historical Data

The historical data trend for Mailbox 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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Mailbox REIT Cash, Cash Equivalents, Marketable Securities Chart

Mailbox REIT Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Cash, Cash Equivalents, Marketable Securities
0.27 1.75 10.05 1.90

Mailbox REIT Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Cash, Cash Equivalents, Marketable Securities Get a 7-Day Free Trial 10.91 10.05 1.23 1.90 3.37

Mailbox 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.

Mailbox REIT  (IPSX:MBOX) 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.

Mailbox REIT Cash, Cash Equivalents, Marketable Securities Related Terms

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Mailbox REIT (IPSX:MBOX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Mailbox REIT PLC (IPSX:MBOX) » Definitions » Cash, Cash Equivalents, Marketable Securities
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Traded in Other Exchanges
N/A
Address
30 Saint Mary Axe, 10th floor, London, GBR, EC3A 8BF
Website
https://www.themailboxreit.com
Mailbox REIT PLC is a single-asset real estate investment trust located in Birmingham. It provides shareholders income together with capital growth by investing in the Property. The company owns the Mailbox Property. The property provides office space, a leisure area, and retail and car parking space.