Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Marketable Securities : د.إ1,529 Mil (As of Dec. 2023)

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What is Abu Dhabi National Insurance Co PJSC Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Abu Dhabi National Insurance Co PJSC's Marketable Securities for the quarter that ended in Dec. 2023 was د.إ1,529 Mil.

Abu Dhabi National Insurance Co PJSC's annual Marketable Securities declined from Dec. 2021 (د.إ1,866 Mil) to Dec. 2022 (د.إ1,595 Mil) and declined from Dec. 2022 (د.إ1,595 Mil) to Dec. 2023 (د.إ1,529 Mil).

Abu Dhabi National Insurance Co PJSC Marketable Securities Historical Data

The historical data trend for Abu Dhabi National Insurance Co PJSC'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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Abu Dhabi National Insurance Co PJSC Marketable Securities Chart

Abu Dhabi National Insurance Co PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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1,203.10

1,282.31

1,865.61

1,594.85

1,529.03

Abu Dhabi National Insurance Co PJSC Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															1,594.85	1,506.08	1,521.18	1,523.82	1,529.03

Abu Dhabi National Insurance Co PJSC Marketable Securities Calculation

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

Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) 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".

Abu Dhabi National Insurance Co PJSC Marketable Securities Related Terms

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Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Abu Dhabi National Insurance Co PJSC (ADX:ADNIC) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khalifa Street, P.O. Box 839, ADNIC Building No. 403, Abu Dhabi, ARE

Website

https://www.adnic.ae

Abu Dhabi National Insurance Co PJSC is an insurance company providing insurance services to individuals and corporates. It provides life and non-life insurance and a range of customizable and scalable insurance products and services. The company operates its business in two segments: The Underwriting of commercial lines of business incorporates all classes of general insurance including marine cargo, marine hull, aviation, energy, property, and engineering; and The Underwriting of a consumer line of business incorporates all classes of insurance including accident, motor, life, and medical. The company generates the maximum of its premiums from the commercial segment.

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