Icelandair Group hf (LTS:0ERU) Marketable Securities : kr6,912 Mil (As of Mar. 2024)

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What is Icelandair Group hf Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Icelandair Group hf's Marketable Securities for the quarter that ended in Mar. 2024 was kr6,912 Mil.

Icelandair Group hf's annual Marketable Securities declined from Dec. 2021 (kr8,047 Mil) to Dec. 2022 (kr5,829 Mil) but then increased from Dec. 2022 (kr5,829 Mil) to Dec. 2023 (kr9,818 Mil).

Icelandair Group hf Marketable Securities Historical Data

The historical data trend for Icelandair Group hf'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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Icelandair Group hf Marketable Securities Chart

Icelandair Group hf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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5,767.67

8,046.92

5,829.34

9,818.30

Icelandair Group hf 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															7,932.29	9,518.12	11,698.92	9,818.30	6,912.41

Icelandair Group hf Marketable Securities Calculation

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

Icelandair Group hf (LTS:0ERU) 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".

Icelandair Group hf Marketable Securities Related Terms

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Icelandair Group hf (LTS:0ERU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Icelandair Group hf (LTS:0ERU) » Definitions » Marketable Securities

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ICEAIR:Iceland

Address

Reykjavikurflugvollur, Reykjavik Airport, Reykjavik, ISL, 101

Website

https://www.icelandairgroup.is

Icelandair Group hf through its subsidiaries provides airlines and tourism services in Iceland. The company's segments are Passenger and cargo operations and Other group entities. It generates maximum revenue from the Passenger and cargo operations segment. Geographically, it derives maximum revenue from Iceland and also has a presence in North America, West Continental Europe, Scandinavia, the United Kingdom, and Other countries.

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