Gulf Cement Co PSC (ADX:GCEM) Marketable Securities : د.إ13.7 Mil (As of Dec. 2024)

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What is Gulf Cement Co PSC Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Gulf Cement Co PSC's Marketable Securities for the quarter that ended in Dec. 2024 was د.إ13.7 Mil.

Gulf Cement Co PSC's annual Marketable Securities increased from Dec. 2022 (د.إ9.9 Mil) to Dec. 2023 (د.إ11.7 Mil) and increased from Dec. 2023 (د.إ11.7 Mil) to Dec. 2024 (د.إ13.7 Mil).

Gulf Cement Co PSC Marketable Securities Historical Data

The historical data trend for Gulf Cement 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.

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Gulf Cement Co PSC Marketable Securities Chart

Gulf Cement Co PSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Marketable Securities

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39.70

37.03

9.92

11.70

13.67

Gulf Cement Co PSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Marketable Securities	Get a 7-Day Free Trial															11.70	11.40	11.39	11.80	13.67

Gulf Cement Co PSC Marketable Securities Calculation

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

Gulf Cement Co PSC (ADX:GCEM) 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".

Gulf Cement Co PSC Marketable Securities Related Terms

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Gulf Cement Co PSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Gulf Cement Co PSC (ADX:GCEM) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 5295, Ras Al Khaimah, ARE

Website

https://gulfcement.ae

Gulf Cement Co PSC operates as a cement producer that serves customers located in the UAE, and Arab Gulf Zone. Its product offerings include a variety of cements such as Sulphate Resisting Portland Cement, Ordinary Portland Cement, Moderate Sulphate Resisting Portland Cement, and Ground Granulated Blast Furnace Slag, among others. The company has two operating segments including Manufacturing of all types of cements, and Investments in marketable equity securities, deposits with banks, and investment properties. A majority of its revenue is generated from the Manufacturing segment. Geographically, the company dervies maximum revenue from its business within the United Arab Emirates (UAE).

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