Saga Communications (FRA:SGHB) Marketable Securities : €7.9 Mil (As of Mar. 2024)

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What is Saga Communications Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Saga Communications's Marketable Securities for the quarter that ended in Mar. 2024 was €7.9 Mil.

Saga Communications's annual Marketable Securities increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€9.6 Mil) and increased from Dec. 2022 (€9.6 Mil) to Dec. 2023 (€9.7 Mil).

Saga Communications Marketable Securities Historical Data

The historical data trend for Saga Communications'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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Saga Communications Marketable Securities Chart

Saga Communications Annual Data

Trend

Dec14

Dec15

Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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9.56

9.72

Saga Communications 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															9.54	9.53	9.80	9.72	7.91

Saga Communications Marketable Securities Calculation

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

Saga Communications (FRA:SGHB) 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".

Saga Communications Marketable Securities Related Terms

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Saga Communications (FRA:SGHB) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Saga Communications Inc (FRA:SGHB) » Definitions » Marketable Securities

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SGA:USA

Address

73 Kercheval Avenue, Grosse Pointe Farms, MI, USA, 48236

Website

https://sagacom.com

Saga Communications Inc is a broadcast company engaged in acquiring, developing, and operating broadcast properties. The company's objective is to operate top-billing radio stations in mid-sized markets and It derives a majority of its revenue from the sale of advertising for broadcast on its stations.

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