EDN (Empresa Distribuidora y Comercializadora Norte) Marketable Securities : $263.4 Mil (As of Sep. 2024)

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What is Empresa Distribuidora y Comercializadora Norte Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Empresa Distribuidora y Comercializadora Norte's Marketable Securities for the quarter that ended in Sep. 2024 was $263.4 Mil.

Empresa Distribuidora y Comercializadora Norte's annual Marketable Securities increased from Dec. 2021 ($302.7 Mil) to Dec. 2022 ($533.1 Mil) but then declined from Dec. 2022 ($533.1 Mil) to Dec. 2023 ($228.9 Mil).

Empresa Distribuidora y Comercializadora Norte Marketable Securities Historical Data

The historical data trend for Empresa Distribuidora y Comercializadora Norte'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.

Empresa Distribuidora y Comercializadora Norte Marketable Securities Chart

Empresa Distribuidora y Comercializadora Norte Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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63.54

42.63

302.71

533.13

228.89

Empresa Distribuidora y Comercializadora Norte Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Marketable Securities	Get a 7-Day Free Trial															149.44	228.89	171.29	195.97	263.41

Empresa Distribuidora y Comercializadora Norte Marketable Securities Calculation

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

Empresa Distribuidora y Comercializadora Norte (NYSE:EDN) 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".

Empresa Distribuidora y Comercializadora Norte Marketable Securities Related Terms

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Empresa Distribuidora y Comercializadora Norte Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Empresa Distribuidora y Comercializadora Norte SA (NYSE:EDN) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

PWD1:Germany PWD1:Germany EDN:Argentina

Address

6363 Del Libertador Avenue, Buenos Aires, ARG, C1428ARG

Website

https://www.edenor.com

Empresa Distribuidora y Comercializadora Norte SA is engaged in the distribution and sale of electricity. The firm's concession area covers the northern portion of the city of Buenos Aires mainly to residential, commercial, industrial, and public service.