MIND C.T.I. (MIND C.T.I.) Marketable Securities : $13.65 Mil (As of Dec. 2023)

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What is MIND C.T.I. Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. MIND C.T.I.'s Marketable Securities for the quarter that ended in Dec. 2023 was $13.65 Mil.

MIND C.T.I.'s annual Marketable Securities declined from Dec. 2021 ($14.28 Mil) to Dec. 2022 ($12.21 Mil) but then increased from Dec. 2022 ($12.21 Mil) to Dec. 2023 ($13.65 Mil).

MIND C.T.I. Marketable Securities Historical Data

The historical data trend for MIND C.T.I.'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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MIND C.T.I. Marketable Securities Chart

MIND C.T.I. Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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8.71

8.76

14.28

12.21

13.65

MIND C.T.I. Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															12.21	11.15	8.88	13.36	13.65

MIND C.T.I. Marketable Securities Calculation

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

MIND C.T.I. (NAS:MNDO) 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".

MIND C.T.I. Marketable Securities Related Terms

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MIND C.T.I. (MIND C.T.I.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MIND C.T.I. Ltd (NAS:MNDO) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 HaCarmel Street, Yoqneam, ISR, 2066724

Website

https://www.mindcti.com

MIND C.T.I. Ltd develops, manufactures, markets and implements real-time and off-line convergent billing and customer care software solutions. The company derives revenue from sale of software products and services in two operating segments namelyBilling and Related Services and Messaging. The Company has three product lines: Product line A- billing and customer care solutions for service providers; Product line B - call accounting and call management solutions for enterprises; and Product line C - mobile messaging, communication, and payment solutions.