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Sharjah Cement & Industrial Development Co (ADX:SCIDC) Marketable Securities : د.إ34.0 Mil (As of Mar. 2024)


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What is Sharjah Cement & Industrial Development Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Sharjah Cement & Industrial Development Co's Marketable Securities for the quarter that ended in Mar. 2024 was د.إ34.0 Mil.

Sharjah Cement & Industrial Development Co's annual Marketable Securities declined from Dec. 2021 (د.إ33.7 Mil) to Dec. 2022 (د.إ30.1 Mil) but then increased from Dec. 2022 (د.إ30.1 Mil) to Dec. 2023 (د.إ31.8 Mil).


Sharjah Cement & Industrial Development Co Marketable Securities Historical Data

The historical data trend for Sharjah Cement & Industrial Development Co'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.

* Premium members only.

Sharjah Cement & Industrial Development Co Marketable Securities Chart

Sharjah Cement & Industrial Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.68 22.65 33.66 30.11 31.76

Sharjah Cement & Industrial Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.60 30.71 32.44 31.76 34.04

Sharjah Cement & Industrial Development Co Marketable Securities Calculation

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


Sharjah Cement & Industrial Development Co  (ADX:SCIDC) 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".


Sharjah Cement & Industrial Development Co Marketable Securities Related Terms

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Sharjah Cement & Industrial Development Co (ADX:SCIDC) Business Description

Traded in Other Exchanges
N/A
Address
Bank Street, Al Hisn Tower, P.O. Box No. 2083, 14th Floor, Sharjah, ARE
Sharjah Cement & Industrial Development Co is engaged in the manufacturing and supply of cement, paper sacks, and plastic ropes. The Company invests its surplus funds in investment securities, private equities, and properties. The company operates from Sharjah, United Arab Emirates and sells its products within UAE and many other countries, including the Middle East, Africa, and Asia. The Company has two reportable segments, 1) Manufacturing segment includes cement, paper sacks and ropes products. 2) Investment segment includes investment and cash management for the company's own account. The investment segment is organised into two business units as follows: Investment and letting out properties in UAE and Investment in public and private equities and funds, majorly in GCC and Asia.

Sharjah Cement & Industrial Development Co (ADX:SCIDC) Headlines

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