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Hitek Global (Hitek Global) Marketable Securities : $8.84 Mil (As of Dec. 2023)


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What is Hitek Global Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Hitek Global's Marketable Securities for the quarter that ended in Dec. 2023 was $8.84 Mil.

Hitek Global's annual Marketable Securities declined from Dec. 2021 ($5.20 Mil) to Dec. 2022 ($4.29 Mil) but then increased from Dec. 2022 ($4.29 Mil) to Dec. 2023 ($8.84 Mil).

Hitek Global Marketable Securities Historical Data

The historical data trend for Hitek Global'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.

Hitek Global Marketable Securities Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial 1.97 2.83 5.20 4.29 8.84

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.20 2.80 4.29 6.73 8.84

Hitek Global Marketable Securities Calculation

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

Hitek Global  (NAS:HKIT) 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".

Hitek Global Marketable Securities Related Terms

Thank you for viewing the detailed overview of Hitek Global's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » Marketable Securities
Comparable Companies
SSNT EBZT INLX NOWG WBSR BMR MTBL TSRI CXAI PALT CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
4JX:Germany
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Website
http://www.xmhitek.com
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.