Michang Oil Ind Co (XKRX:003650) Marketable Securities : ₩175,742 Mil (As of Mar. 2024)

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What is Michang Oil Ind Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Michang Oil Ind Co's Marketable Securities for the quarter that ended in Mar. 2024 was ₩175,742 Mil.

Michang Oil Ind Co's annual Marketable Securities increased from Dec. 2021 (₩79,724 Mil) to Dec. 2022 (₩84,043 Mil) and increased from Dec. 2022 (₩84,043 Mil) to Dec. 2023 (₩110,741 Mil).

Michang Oil Ind Co Marketable Securities Historical Data

The historical data trend for Michang Oil Ind 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.

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Michang Oil Ind Co Marketable Securities Chart

Michang Oil Ind Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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49,872.81

49,988.91

79,724.27

84,043.14

110,740.58

Michang Oil Ind 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															92,825.89	91,641.01	97,535.16	110,740.58	175,741.79

Michang Oil Ind Co Marketable Securities Calculation

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

Michang Oil Ind Co (XKRX:003650) 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".

Michang Oil Ind Co Marketable Securities Related Terms

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Michang Oil Ind Co (XKRX:003650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Michang Oil Ind Co Ltd (XKRX:003650) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

241, Haeyang-ro, Yeongdo-gu, Busan, KOR

Website

http://www.michang.co.kr

Michang Oil Ind Co Ltd is engaged in the petrochemical business in South Korea. It offers automotive lubricants, including premium motor, gasoline motor, diesel motor, and automotive gear oils, as well as auto transmission fluids and other application motor oils; and industrial lubricants, such as turbine, hydraulic, compressor, and industrial gear oils, as well as heat transfer fluids.

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