Emirates Driving Co PJSC (ADX:DRIVE) Marketable Securities : د.إ74.7 Mil (As of Sep. 2023)

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What is Emirates Driving Co PJSC Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Emirates Driving Co PJSC's Marketable Securities for the quarter that ended in Sep. 2023 was د.إ74.7 Mil.

Emirates Driving Co PJSC's annual Marketable Securities increased from Dec. 2020 (د.إ105.1 Mil) to Dec. 2021 (د.إ105.5 Mil) but then declined from Dec. 2021 (د.إ105.5 Mil) to Dec. 2022 (د.إ59.8 Mil).

Emirates Driving Co PJSC Marketable Securities Historical Data

The historical data trend for Emirates Driving 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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Emirates Driving Co PJSC Marketable Securities Chart

Emirates Driving Co PJSC Annual Data

Trend

Dec12

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Marketable Securities

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160.04

105.11

105.53

59.82

Emirates Driving Co PJSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Marketable Securities	Get a 7-Day Free Trial															49.51	59.82	59.44	74.40	74.74

Emirates Driving Co PJSC Marketable Securities Calculation

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

Emirates Driving Co PJSC (ADX:DRIVE) 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".

Emirates Driving Co PJSC Marketable Securities Related Terms

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Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Emirates Driving Co PJSC (ADX:DRIVE) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE

Website

https://www.edcad.ae

Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

Emirates Driving Co PJSC (ADX:DRIVE) Headlines

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