National Marine Dredging Co PSC (ADX:NMDC) Marketable Securities : د.إ435 Mil (As of Sep. 2023)

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What is National Marine Dredging Co PSC Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. National Marine Dredging Co PSC's Marketable Securities for the quarter that ended in Sep. 2023 was د.إ435 Mil.

National Marine Dredging Co PSC's annual Marketable Securities increased from Dec. 2020 (د.إ0 Mil) to Dec. 2021 (د.إ29 Mil) and increased from Dec. 2021 (د.إ29 Mil) to Dec. 2022 (د.إ35 Mil).

National Marine Dredging Co PSC Marketable Securities Historical Data

The historical data trend for National Marine Dredging Co PSC's 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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National Marine Dredging Co PSC Marketable Securities Chart

National Marine Dredging Co PSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Marketable Securities

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26.00

27.10

29.10

34.54

National Marine Dredging Co PSC Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23
Marketable Securities	Get a 7-Day Free Trial															30.70	31.44	34.54	369.79	434.93

National Marine Dredging Co PSC Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

National Marine Dredging Co PSC (ADX:NMDC) 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.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

National Marine Dredging Co PSC Marketable Securities Related Terms

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National Marine Dredging Co PSC (ADX:NMDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » National Marine Dredging Co PSC (ADX:NMDC) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mussafah Street 16, P.O. Box 3649, Abu Dhabi, ARE

Website

https://www.nmdc.com

National Marine Dredging Co PSC is engaged in the execution of dredging contracts and associated land reclamation works in the territorial waters of the United Arab Emirates. Geographically, the company has a business presence in the United Arab Emirates and internationally. It derives the majority of the revenue from its operations in the United Arab Emirates. The company activities include Dredging and Reclamation, and Marine Construction. It has projects in various sectors such as Energy, Environment, Seaborne Trade, Tourism and Urban Development.

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