Western Resources (FRA:WR0) Marketable Securities: €0.45 Mil (As of Jun. 2024)

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What is Western Resources Marketable Securities?

Western Resources FRA:WR0 Marketable Securities is €0.45 Mil as of Jun. 2024.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Western Resources's Marketable Securities for the quarter that ended in Jun. 2024 was €0.45 Mil.

Western Resources's annual Marketable Securities increased from Sep. 2021 (€0.05 Mil) to Sep. 2022 (€21.40 Mil) but then declined from Sep. 2022 (€21.40 Mil) to Sep. 2023 (€6.03 Mil).

Western Resources  (FRA:WR0) 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".

Western Resources Marketable Securities Related Terms

Western Resources Marketable Securities Historical Data

* Premium members only.

The historical data trend for Western Resources'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.

Western Resources Marketable Securities Chart

Western Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.05 21.40 6.03

Western Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 13.50 6.03 5.21 1.58 0.45

Western Resources Marketable Securities Calculation

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

Frequently Asked Questions Learn more about Marketable Securities →
What does a Marketable Securities of €0.45 Mil mean?
Western Resources (FRA:WR0) has a Marketable Securities of €0.45 Mil as of Jun. 2024. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Western Resources and its competitors.
Is Western Resources' Marketable Securities too high?
Western Resources' current Marketable Securities is €0.45 Mil.
How does Western Resources' Marketable Securities compare to SVBL and BLTH?
Western Resources' Marketable Securities of €0.45 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Marketable Securities for a Metals & Mining company?
A good Marketable Securities depends on the Metals & Mining industry context. However, Marketable Securities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Marketable Securities mean?
A high Marketable Securities can signal that a stock is expensive relative to its fundamentals. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Western Resources and its competitors. Western Resources's current Marketable Securities is €0.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Resources stock overvalued right now?
Western Resources (FRA:WR0) has a current Marketable Securities of €0.45 Mil. The current Marketable Securities is €0.45 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Marketable Securities calculated?
Marketable Securities is calculated from a company's financial statements. For Western Resources (FRA:WR0), the current Marketable Securities is €0.45 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Western Resources Business Description

Address 666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8
Western Resources Corp is a resource company focused on the development of its potash project in Canada owned by its wholly owned subsidiary, Western Potash Corp, located in Southern Saskatchewan. Its objectives are to complete Phase I of the Milestone Project to prove a new mining technology, which will then be applied to Phases 2 and 3 to develop potash deposits in an environmentally friendly model. The company's two reportable operating segments are the acquisition, exploration, and development of mineral properties and the investment in real estate projects in Canada.