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Netwealth Group (ASX:NWL) Marketable Securities : A$0.6 Mil (As of Dec. 2023)


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What is Netwealth Group Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Netwealth Group's Marketable Securities for the quarter that ended in Dec. 2023 was A$0.6 Mil.

Netwealth Group's annual Marketable Securities declined from Jun. 2021 (A$4.5 Mil) to Jun. 2022 (A$1.1 Mil) and declined from Jun. 2022 (A$1.1 Mil) to Jun. 2023 (A$0.5 Mil).


Netwealth Group Marketable Securities Historical Data

The historical data trend for Netwealth Group'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.

* Premium members only.

Netwealth Group Marketable Securities Chart

Netwealth Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Marketable Securities
Get a 7-Day Free Trial 1.13 1.19 4.54 1.09 0.49

Netwealth Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 1.09 0.52 0.49 0.55

Netwealth Group Marketable Securities Calculation

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


Netwealth Group  (ASX:NWL) 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".


Netwealth Group Marketable Securities Related Terms

Thank you for viewing the detailed overview of Netwealth Group's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


Netwealth Group (ASX:NWL) Business Description

Traded in Other Exchanges
N/A
Address
180 Flinders Street, Level 6, Melbourne, VIC, AUS, 3000
Netwealth provides cloud-based investment administration software as a service, or SaaS, in Australia via its proprietary platform. Netwealth's platform provides portfolio administration, investment management tools, and investment and managed account services to financial intermediaries and directly to clients. The company charges SaaS fees based on funds under administration and management on its platform. Netwealth also offers Netwealth-branded investment products on its platform which are managed by third-party investment managers.