Cormedix (STU:19KA) Marketable Securities : €21.50 Mil (As of Mar. 2024)

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What is Cormedix Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Cormedix's Marketable Securities for the quarter that ended in Mar. 2024 was €21.50 Mil.

Cormedix's annual Marketable Securities increased from Dec. 2021 (€10.75 Mil) to Dec. 2022 (€14.77 Mil) and increased from Dec. 2022 (€14.77 Mil) to Dec. 2023 (€29.70 Mil).

Cormedix Marketable Securities Historical Data

The historical data trend for Cormedix'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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Cormedix Marketable Securities Chart

Cormedix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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10.79

3.65

10.75

14.77

29.70

Cormedix 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															28.33	30.18	31.18	29.70	21.50

Cormedix Marketable Securities Calculation

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

Cormedix (STU:19KA) 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".

Cormedix Marketable Securities Related Terms

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Cormedix (STU:19KA) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Cormedix Inc (STU:19KA) » Definitions » Marketable Securities

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CRMD:USA

Address

300 Connell Drive, Suite 4200, Berkeley Heights, NJ, USA, 07922

Website

https://www.cormedix.com

Cormedix Inc is a biopharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of infectious and inflammatory diseases. The Company's primary focus is to develop its lead product candidate, DefenCath, for potential commercialization in the United States (U.S.) and other key markets.

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