ArcelorMittal South Africa (JSE:ACL) Marketable Securities : R39 Mil (As of Dec. 2023)

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What is ArcelorMittal South Africa Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. ArcelorMittal South Africa's Marketable Securities for the quarter that ended in Dec. 2023 was R39 Mil.

ArcelorMittal South Africa's annual Marketable Securities stayed the same from Dec. 2021 (R0 Mil) to Dec. 2022 (R0 Mil) but then increased from Dec. 2022 (R0 Mil) to Dec. 2023 (R39 Mil).

ArcelorMittal South Africa Marketable Securities Historical Data

The historical data trend for ArcelorMittal South Africa'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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ArcelorMittal South Africa Marketable Securities Chart

ArcelorMittal South Africa Annual Data

Trend

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Dec23

Marketable Securities

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39.00

ArcelorMittal South Africa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Marketable Securities	Get a 7-Day Free Trial															-	-	-	39.00	39.00

ArcelorMittal South Africa Marketable Securities Calculation

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

ArcelorMittal South Africa (JSE:ACL) 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".

ArcelorMittal South Africa Marketable Securities Related Terms

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ArcelorMittal South Africa (JSE:ACL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal South Africa Ltd (JSE:ACL) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

ARCXF:USA ISC1:Germany

Address

Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911

Website

https://www.arcelormittalsa.com

ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

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