Magnora ASA (FRA:4SM) Marketable Securities : €2.22 Mil (As of Jun. 2024)

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What is Magnora ASA Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Magnora ASA's Marketable Securities for the quarter that ended in Jun. 2024 was €2.22 Mil.

Magnora ASA's annual Marketable Securities increased from Dec. 2021 (€0.09 Mil) to Dec. 2022 (€2.26 Mil) but then declined from Dec. 2022 (€2.26 Mil) to Dec. 2023 (€2.21 Mil).

Magnora ASA Marketable Securities Historical Data

The historical data trend for Magnora ASA'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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Magnora ASA Marketable Securities Chart

Magnora ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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1.25

1.85

0.09

2.26

2.21

Magnora ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Marketable Securities	Get a 7-Day Free Trial															1.97	2.21	2.17	2.21	2.22

Magnora ASA Marketable Securities Calculation

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

Magnora ASA (FRA:4SM) 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".

Magnora ASA Marketable Securities Related Terms

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Magnora ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Magnora ASA (FRA:4SM) » Definitions » Marketable Securities

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MGN:Norway 0MHQ:UK 4SM:Germany

Address

Karenslyst Alle 6, Oslo, NOR, 0277

Website

https://www.magnoraasa.com

Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The company's segment includes Corporate and Projects. It generates maximum revenue from the Corporate segment. Geographically, it derives a majority of its revenue from the Norway.

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