Rexford Industrial Realty (FRA:3I0) Cash And Cash Equivalents : €55.7 Mil (As of Sep. 2024)

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What is Rexford Industrial Realty Cash And Cash Equivalents?

Rexford Industrial Realty's quarterly cash and cash equivalents declined from Mar. 2024 (€310.00 Mil) to Jun. 2024 (€116.79 Mil) but then stayed the same from Jun. 2024 (€116.79 Mil) to Sep. 2024 (€55.71 Mil).

Rexford Industrial Realty's annual cash and cash equivalents declined from Dec. 2021 (€38.93 Mil) to Dec. 2022 (€34.73 Mil) and declined from Dec. 2022 (€34.73 Mil) to Dec. 2023 (€30.67 Mil).

Rexford Industrial Realty Cash And Cash Equivalents Historical Data

The historical data trend for Rexford Industrial Realty'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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Rexford Industrial Realty Cash And Cash Equivalents Chart

Rexford Industrial Realty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

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70.97

144.91

38.93

34.73

30.67

Rexford Industrial Realty Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash And Cash Equivalents	Get a 7-Day Free Trial															78.02	30.67	310.00	116.79	55.71

Rexford Industrial Realty 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.

Rexford Industrial Realty (FRA:3I0) 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.

Rexford Industrial Realty Cash And Cash Equivalents Related Terms

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Rexford Industrial Realty Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rexford Industrial Realty Inc (FRA:3I0) » Definitions » Cash And Cash Equivalents

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Address

11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025

Website

https://www.rexfordindustrial.com

Rexford Industrial Realty Inc is a real estate investment trust engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.

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