GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telefonaktiebolaget L M Ericsson (NAS:ERIC) » Definitions » Marketable Securities

Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Marketable Securities : $1,216 Mil (As of Mar. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Telefonaktiebolaget L M Ericsson Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Telefonaktiebolaget L M Ericsson's Marketable Securities for the quarter that ended in Mar. 2024 was $1,216 Mil.

Telefonaktiebolaget L M Ericsson's annual Marketable Securities declined from Dec. 2021 ($1,722 Mil) to Dec. 2022 ($1,319 Mil) but then increased from Dec. 2022 ($1,319 Mil) to Dec. 2023 ($1,477 Mil).


Telefonaktiebolaget L M Ericsson Marketable Securities Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson Marketable Securities Chart

Telefonaktiebolaget L M Ericsson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 874.96 1,044.59 1,721.86 1,319.23 1,477.34

Telefonaktiebolaget L M Ericsson 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 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 1,626.82 1,441.35 1,869.41 1,477.34 1,216.47

Telefonaktiebolaget L M Ericsson Marketable Securities Calculation

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


Telefonaktiebolaget L M Ericsson  (NAS:ERIC) 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".


Telefonaktiebolaget L M Ericsson Marketable Securities Related Terms

Thank you for viewing the detailed overview of Telefonaktiebolaget L M Ericsson's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.