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Nippon Steel (Nippon Steel) Marketable Securities : $226 Mil (As of Mar. 2024)


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What is Nippon Steel Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Nippon Steel's Marketable Securities for the quarter that ended in Mar. 2024 was $226 Mil.

Nippon Steel's annual Marketable Securities declined from Mar. 2022 ($349 Mil) to Mar. 2023 ($211 Mil) but then increased from Mar. 2023 ($211 Mil) to Mar. 2024 ($226 Mil).


Nippon Steel Marketable Securities Historical Data

The historical data trend for Nippon Steel'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.

Nippon Steel Marketable Securities Chart

Nippon Steel Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.05 255.49 348.78 210.80 226.45

Nippon Steel 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 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 210.80 315.40 298.51 188.48 226.45

Nippon Steel Marketable Securities Calculation

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


Nippon Steel  (OTCPK:NPSCY) 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".


Nippon Steel Marketable Securities Related Terms

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Nippon Steel (Nippon Steel) Business Description

Traded in Other Exchanges
Address
6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo, JPN, 100-8071
Nippon Steel Corporation, or NS, is the largest steel producer in Japan and one of the top five producers globally. NS supplies steel products such as steel sheets, steel plates, pipes, tubes, bars, wire rods, and stainless steels. It is mainly exposed to the auto, construction, and energy sectors. Steelmaking accounts for around 85%-90% of its revenue, while the remainder stems from engineering and construction, chemicals, new materials, and system solutions. Around 35%-40% of its revenue is from exports.