Akita Drilling (TSX:AKT.B) Marketable Securities : C$0.0 Mil (As of Dec. 2023)

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What is Akita Drilling Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Akita Drilling's Marketable Securities for the quarter that ended in Dec. 2023 was C$0.0 Mil.

Akita Drilling Marketable Securities Historical Data

The historical data trend for Akita Drilling'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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Akita Drilling Marketable Securities Chart

Akita Drilling Annual Data

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Marketable Securities

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Akita Drilling Quarterly Data
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Akita Drilling Marketable Securities Calculation

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

Akita Drilling (TSX:AKT.B) 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".

Akita Drilling Marketable Securities Related Terms

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Akita Drilling (TSX:AKT.B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akita Drilling Ltd (TSX:AKT.B) » Definitions » Marketable Securities

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Traded in Other Exchanges

AKTAF:USA 774:Germany AKT.A:Canada

Address

333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website

https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

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