Erie Indemnity Co (STU:EI2) Marketable Securities : €71 Mil (As of Mar. 2024)

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What is Erie Indemnity Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Erie Indemnity Co's Marketable Securities for the quarter that ended in Mar. 2024 was €71 Mil.

Erie Indemnity Co's annual Marketable Securities declined from Dec. 2021 (€34 Mil) to Dec. 2022 (€23 Mil) but then increased from Dec. 2022 (€23 Mil) to Dec. 2023 (€75 Mil).

Erie Indemnity Co Marketable Securities Historical Data

The historical data trend for Erie Indemnity Co'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.

Erie Indemnity Co Marketable Securities Chart

Erie Indemnity Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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29.53

14.55

33.98

22.91

75.21

Erie Indemnity Co 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															53.68	58.62	65.42	75.21	70.56

Erie Indemnity Co Marketable Securities Calculation

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

Erie Indemnity Co (STU:EI2) 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".

Erie Indemnity Co Marketable Securities Related Terms

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Erie Indemnity Co (STU:EI2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Erie Indemnity Co (STU:EI2) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

ERIE:USA

Address

100 Erie Insurance Place, Erie, PA, USA, 16530

Website

https://www.erieinsurance.com

Erie Indemnity Co primarily performs services on behalf of the Erie Insurance Exchange relating to sales, underwriting, and issuance of policies. Erie Indemnity's results are tied to the performance of the Insurance Exchange, which principally provides automobile and homeowners insurance for individuals, along with multiperil, workers' compensation, and commercial automobile insurance for its commercial clients. Erie Indemnity's management fee is typically 25% of the Exchange's premiums, and this accounts for all of Erie Indemnity's revenue. The company operates exclusively in the United States.

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