Lithium Australia (ASX:LIT) Marketable Securities : A$2.14 Mil (As of Dec. 2023)

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What is Lithium Australia Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lithium Australia's Marketable Securities for the quarter that ended in Dec. 2023 was A$2.14 Mil.

Lithium Australia's annual Marketable Securities increased from Jun. 2021 (A$0.23 Mil) to Jun. 2022 (A$1.03 Mil) and increased from Jun. 2022 (A$1.03 Mil) to Jun. 2023 (A$6.56 Mil).

Lithium Australia Marketable Securities Historical Data

The historical data trend for Lithium Australia'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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Lithium Australia Marketable Securities Chart

Lithium Australia Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Marketable Securities

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0.13

0.23

1.03

6.56

Lithium Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Marketable Securities	Get a 7-Day Free Trial															0.34	1.03	6.60	6.56	2.14

Lithium Australia Marketable Securities Calculation

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

Lithium Australia (ASX:LIT) 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".

Lithium Australia Marketable Securities Related Terms

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Lithium Australia (ASX:LIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Australia Ltd (ASX:LIT) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

LMMFF:USA 3MW:Germany

Address

677 Murray Street, Level 1, Perth, WA, AUS, 6005

Website

https://www.lithium-au.com

Lithium Australia Ltd is engaged in the acquisition, mineral exploration, and process development, for the extraction and recovery of lithium. Its reportable segment includes Battery Recycling, Battery Materials, Chemicals, and Raw Materials. The majority of its revenue derives from the Battery Recycling segment which includes research and development of processing technology for mixed-battery recycling, as well as the sale of recovered energy metals.