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Legg Mason (Legg Mason) Marketable Securities : $447 Mil (As of Jun. 2020)


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What is Legg Mason Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Legg Mason's Marketable Securities for the quarter that ended in Jun. 2020 was $447 Mil.

Legg Mason's annual Marketable Securities declined from Mar. 2018 ($540 Mil) to Mar. 2019 ($507 Mil) and declined from Mar. 2019 ($507 Mil) to Mar. 2020 ($456 Mil).


Legg Mason Marketable Securities Historical Data

The historical data trend for Legg Mason'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.

Legg Mason Marketable Securities Chart

Legg Mason Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 564.05 473.52 539.50 506.76 455.98

Legg Mason Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 521.74 542.52 514.76 455.98 447.12

Legg Mason Marketable Securities Calculation

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


Legg Mason  (NYSE:LM) 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".


Legg Mason Marketable Securities Related Terms

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


Legg Mason (Legg Mason) Business Description

Traded in Other Exchanges
N/A
Address
100 International Drive, Baltimore, MD, USA, 21202-1099
Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.

Legg Mason (Legg Mason) Headlines

From GuruFocus

Legg Mason Shareholders Approve Merger with Franklin Templeton

By PRNewswire PRNewswire 05-16-2020