Sono Group NV (Sono Group NV) Marketable Securities : $0.02 Mil (As of Jun. 2023)

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What is Sono Group NV Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Sono Group NV's Marketable Securities for the quarter that ended in Jun. 2023 was $0.02 Mil.

Sono Group NV's annual Marketable Securities increased from Dec. 2020 ($5.69 Mil) to Dec. 2021 ($6.79 Mil) but then declined from Dec. 2021 ($6.79 Mil) to Dec. 2022 ($0.51 Mil).

Sono Group NV Marketable Securities Historical Data

The historical data trend for Sono Group NV'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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Sono Group NV Marketable Securities Chart

Sono Group NV Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Marketable Securities

5.69

6.79

0.51

Sono Group NV Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Marketable Securities	Get a 7-Day Free Trial							0.54	0.53	0.51	0.51	0.02

Sono Group NV Marketable Securities Calculation

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

Sono Group NV (OTCPK:SEVCF) 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".

Sono Group NV Marketable Securities Related Terms

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Sono Group NV (Sono Group NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sono Group NV (OTCPK:SEVCF) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Waldmeisterstrasse 76, Munich, DEU, 80935

Website

https://www.sonomotors.com

Sono Group NV is engaged in the field of solar-powered electric mobility. With its proprietary solar technology, the company is able to integrate solar panels into a vehicle's bodywork, using energy captured from the sun to charge the vehicle's battery. The group is engaged in the design and development of its own first solar electric vehicle, the Sion. The company is also involved in process of integrating its solar technology with other manufacturers for different use cases, such as buses, trucks, camper vans, trains, and even boats, to accelerate the transition towards sustainable transportation.