GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » Marketable Securities

Federated Hermes (FRA:3KC) Marketable Securities : €183 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Federated Hermes Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Federated Hermes's Marketable Securities for the quarter that ended in Mar. 2024 was €183 Mil.

Federated Hermes's annual Marketable Securities increased from Dec. 2021 (€171 Mil) to Dec. 2022 (€175 Mil) but then declined from Dec. 2022 (€175 Mil) to Dec. 2023 (€163 Mil).


Federated Hermes Marketable Securities Historical Data

The historical data trend for Federated Hermes'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.

Federated Hermes Marketable Securities Chart

Federated Hermes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.32 112.58 171.11 174.61 162.76

Federated Hermes Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 153.18 164.34 166.29 162.76 182.85

Federated Hermes Marketable Securities Calculation

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


Federated Hermes  (FRA:3KC) 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".


Federated Hermes Marketable Securities Related Terms

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


Federated Hermes (FRA:3KC) Business Description

Traded in Other Exchanges
Address
1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779
Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

Federated Hermes (FRA:3KC) Headlines

No Headlines