Gogo (LTS:0IYQ) Marketable Securities : $0.0 Mil (As of Sep. 2024)

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What is Gogo Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Gogo's Marketable Securities for the quarter that ended in Sep. 2024 was $0.0 Mil.

Gogo's annual Marketable Securities increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($24.8 Mil) but then declined from Dec. 2022 ($24.8 Mil) to Dec. 2023 ($0.0 Mil).

Gogo Marketable Securities Historical Data

The historical data trend for Gogo'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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Gogo Marketable Securities Chart

Gogo Annual Data

Trend

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Dec23

Marketable Securities

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24.80

Gogo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Marketable Securities	Get a 7-Day Free Trial															24.66	-	-	-	-

Gogo Marketable Securities Calculation

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

Gogo (LTS:0IYQ) 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".

Gogo Marketable Securities Related Terms

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Gogo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Gogo Inc (LTS:0IYQ) » Definitions » Marketable Securities

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GOGO:USA G0G:Germany

Address

105 Edgeview Drive, Suite 300, Broomfield, CO, USA, 80021

Website

https://www.gogoair.com

Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

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