Promigas (BOG:PROMIGAS) Marketable Securities : COP316,286 Mil (As of Dec. 2023)

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What is Promigas Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Promigas's Marketable Securities for the quarter that ended in Dec. 2023 was COP316,286 Mil.

Promigas's annual Marketable Securities increased from Dec. 2021 (COP240,761 Mil) to Dec. 2022 (COP338,269 Mil) but then declined from Dec. 2022 (COP338,269 Mil) to Dec. 2023 (COP316,286 Mil).

Promigas Marketable Securities Historical Data

The historical data trend for Promigas'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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Promigas Marketable Securities Chart

Promigas Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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211,561.93

369,890.06

240,760.78

338,268.59

316,285.83

Promigas 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															338,268.59	679,962.13	332,254.62	311,264.75	316,285.83

Promigas Marketable Securities Calculation

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

Promigas (BOG:PROMIGAS) 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".

Promigas Marketable Securities Related Terms

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Promigas (BOG:PROMIGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Promigas SA (BOG:PROMIGAS) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Calle 66 No. 67 - 123, Barranquilla, COL

Website

https://www.promigas.com

Promigas SA is engaged in the purchase, sale, transportation, distribution, exploitation, and exploration of natural gas, oil, and hydrocarbons in general, and the gas and oil activities in all their forms. It operates in five segments: Gas transportation, Gas distribution, Integrated solutions for the industry and power generation, Power distribution, and Non-bank financing. The transmission business consists of natural gas transmission, energy generation, and liquid natural gas. The distribution business consists of natural gas distribution, non-banking financing, and electrical power distribution. The company generates the majority of its revenue from the transport and distribution of natural gas.

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