Orbit Technologies (XTAE:ORBI) Marketable Securities : ₪49.3 Mil (As of Jun. 2023)

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What is Orbit Technologies Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Orbit Technologies's Marketable Securities for the quarter that ended in Jun. 2023 was ₪49.3 Mil.

Orbit Technologies's annual Marketable Securities stayed the same from Dec. 2020 (₪0.0 Mil) to Dec. 2021 (₪0.0 Mil) but then increased from Dec. 2021 (₪0.0 Mil) to Dec. 2022 (₪48.2 Mil).

Orbit Technologies Marketable Securities Historical Data

The historical data trend for Orbit Technologies'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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Orbit Technologies Marketable Securities Chart

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Marketable Securities

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0.07

19.37

48.21

Orbit Technologies Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Marketable Securities	Get a 7-Day Free Trial						-	-	48.21	48.87	49.34

Orbit Technologies Marketable Securities Calculation

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

Orbit Technologies (XTAE:ORBI) 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".

Orbit Technologies Marketable Securities Related Terms

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Orbit Technologies (XTAE:ORBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

http://www.orbit-cs.com

Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

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