Al-Khazna Insurance Co PSC (ADX:AKIC) Marketable Securities: د.إ6.74 Mil (As of Dec. 2020)

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Director of Data and Quant Analytics at GuruFocus
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What is Al-Khazna Insurance Co PSC Marketable Securities?

Al-Khazna Insurance Co PSC ADX:AKIC Marketable Securities is د.إ6.74 Mil as of Dec. 2020.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Al-Khazna Insurance Co PSC's Marketable Securities for the quarter that ended in Dec. 2020 was د.إ6.74 Mil.

Al-Khazna Insurance Co PSC's annual Marketable Securities declined from Dec. 2018 (د.إ39.11 Mil) to Dec. 2019 (د.إ9.85 Mil) and declined from Dec. 2019 (د.إ9.85 Mil) to Dec. 2020 (د.إ6.74 Mil).

Al-Khazna Insurance Co PSC  (ADX:AKIC) 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".

Al-Khazna Insurance Co PSC Marketable Securities Related Terms

Al-Khazna Insurance Co PSC Marketable Securities Historical Data

* Premium members only.

The historical data trend for Al-Khazna Insurance Co PSC'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.

Al-Khazna Insurance Co PSC Marketable Securities Chart

Al-Khazna Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.94 60.09 39.11 9.85 6.74

Al-Khazna Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 9.85 9.91 11.03 10.84 6.74

Al-Khazna Insurance Co PSC Marketable Securities Calculation

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

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of د.إ6.74 Mil mean?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a Marketable Securities of د.إ6.74 Mil as of Dec. 2020. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Al-Khazna Insurance Co PSC and its competitors.
Is Al-Khazna Insurance Co PSC's Marketable Securities too high?
Al-Khazna Insurance Co PSC's current Marketable Securities is د.إ6.74 Mil.
How does Al-Khazna Insurance Co PSC's Marketable Securities compare to PIH and NSEC?
Al-Khazna Insurance Co PSC's Marketable Securities of د.إ6.74 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for an Insurance company?
A good Marketable Securities depends on the Insurance industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Al-Khazna Insurance Co PSC and its competitors. Al-Khazna Insurance Co PSC's current Marketable Securities is د.إ6.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Khazna Insurance Co PSC stock overvalued right now?
Al-Khazna Insurance Co PSC (ADX:AKIC) has a current Marketable Securities of د.إ6.74 Mil. The current Marketable Securities is د.إ6.74 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Al-Khazna Insurance Co PSC (ADX:AKIC), the current Marketable Securities is د.إ6.74 Mil as of Dec. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al-Khazna Insurance Co PSC Business Description

Address Al Khazna Tower, P. O. Box 73343, Abu Dhabi, ARE
Al-Khazna Insurance Co PSC offers specialized risk management and insurance services with a strong presence and a diverse portfolio of business comprising Personal Accident, Property both operational and construction, Group Life & Medical, Motor, Liability both financial and casualty lines, Marine, Energy and Aviation, and niche products like credit, affinity products etc. We are fully geared to handle all classes of business in UAE and other GCC countries.