Localiza Rent A Car (Localiza Rent A Car) Marketable Securities : $1,878 Mil (As of Mar. 2024)

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What is Localiza Rent A Car Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Localiza Rent A Car's Marketable Securities for the quarter that ended in Mar. 2024 was $1,878 Mil.

Localiza Rent A Car's annual Marketable Securities declined from Dec. 2021 ($807 Mil) to Dec. 2022 ($773 Mil) but then increased from Dec. 2022 ($773 Mil) to Dec. 2023 ($1,698 Mil).

Localiza Rent A Car Marketable Securities Historical Data

The historical data trend for Localiza Rent A Car'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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Localiza Rent A Car Marketable Securities Chart

Localiza Rent A Car Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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148.82

268.28

807.33

772.83

1,698.28

Localiza Rent A Car 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															684.83	1,335.87	1,579.48	1,698.28	1,878.31

Localiza Rent A Car Marketable Securities Calculation

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

Localiza Rent A Car (OTCPK:LZRFY) 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".

Localiza Rent A Car Marketable Securities Related Terms

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Localiza Rent A Car (Localiza Rent A Car) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Localiza Rent A Car SA (OTCPK:LZRFY) » Definitions » Marketable Securities

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RENT3:Brazil

Address

Avenida Bernardo Vasconcelo, No 377 - Cachoeirinha, Belo Horizonte, MG, BRA, 31150-900

Website

https://www.localiza.com

Localiza Rent A Car SA is a car rental service provider with the majority of its operations in Brazil. Through its subsidiaries, the company rents cars to individuals, manages corporate car fleets, sells its fleet to the general public, and offers a franchise model. Franchisees account for roughly half of Localize's car rental locations, while the majority of cars accessible with Localize are owned by the company. The fleet rental division has long-term agreements with companies that come up for renewal roughly every two to three years. The car rental segment delivers three-quarters of yearly revenue, and fleet rental makes up the rest, with an insignificant share contributed by the franchise management division.

Localiza Rent A Car (Localiza Rent A Car) Headlines

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