LMPX (LMP Automotive Holdings) Marketable Securities: $3.4 Mil (As of Sep. 2021)


LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
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What is LMP Automotive Holdings Marketable Securities?

LMP Automotive Holdings LMPX 18 Marketable Securities is $3.4 Mil as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. LMP Automotive Holdings's Marketable Securities for the quarter that ended in Sep. 2021 was $3.4 Mil.

LMP Automotive Holdings's annual Marketable Securities increased from Dec. 2018 ($0.0 Mil) to Dec. 2019 ($0.8 Mil) and increased from Dec. 2019 ($0.8 Mil) to Dec. 2020 ($11.7 Mil).

LMP Automotive Holdings  (OTCPK:LMPX) 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".

LMP Automotive Holdings Marketable Securities Related Terms

LMP Automotive Holdings Marketable Securities Historical Data

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The historical data trend for LMP Automotive Holdings'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.

LMP Automotive Holdings Marketable Securities Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Marketable Securities
0.00 0.00 0.80 11.74

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 13.29 11.74 6.81 5.40 3.43
LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive Holdings 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 $3.4 Mil mean?
LMP Automotive Holdings (LMPX) has a Marketable Securities of $3.4 Mil as of Sep. 2021. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Marketable Securities too high?
LMP Automotive Holdings' current Marketable Securities is $3.4 Mil. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Marketable Securities compare to LOTZ and JZXN?
LMP Automotive Holdings' Marketable Securities of $3.4 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Marketable Securities depends on the Vehicles & Parts 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 LMP Automotive Holdings and its competitors. LMP Automotive Holdings's current Marketable Securities is $3.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Marketable Securities of $3.4 Mil. The current Marketable Securities is $3.4 Mil. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Marketable Securities is $3.4 Mil as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
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Marketable Securities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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