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LNXSF (Lanxess AG) Marketable Securities : $331 Mil (As of Dec. 2024)


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What is Lanxess AG Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lanxess AG's Marketable Securities for the quarter that ended in Dec. 2024 was $331 Mil.

Lanxess AG's annual Marketable Securities increased from Dec. 2022 ($84 Mil) to Dec. 2023 ($382 Mil) but then declined from Dec. 2023 ($382 Mil) to Dec. 2024 ($331 Mil).

Lanxess AG Marketable Securities Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Marketable Securities Chart

Lanxess AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,852.80 667.80 83.69 381.68 330.89

Lanxess AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 381.68 465.22 575.89 406.22 330.89

Lanxess AG Marketable Securities Calculation

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

Lanxess AG  (OTCPK:LNXSF) 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".

Lanxess AG Marketable Securities Related Terms

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Lanxess AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (OTCPK:LNXSF) » Definitions » Marketable Securities
Comparable Companies
XTER:WCH XTER:VBK XTER:UZU XTER:2HRA XTER:NTG XTER:MZX XTER:BNN XTER:BNR XTER:EVK LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR DD
Traded in Other Exchanges
LNXSY:USA 1LXS:Italy LXSd:UK 0H7I:UK LXS:Germany LXS:Austria
Address
Kennedyplatz 1, Cologne, DEU, 50569
Website
https://lanxess.com
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio by divesting its synthetic rubber business. It has business segments namely: specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and others. Geographically, it operates in EMEA (excluding Germany), Germany, Americas, and Asia-Pacific.