Galapagos NV (LTS:0JXZ) Marketable Securities : €3,283.3 Mil (As of Sep. 2024)

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What is Galapagos NV Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Galapagos NV's Marketable Securities for the quarter that ended in Sep. 2024 was €3,283.3 Mil.

Galapagos NV's annual Marketable Securities increased from Dec. 2021 (€2,469.8 Mil) to Dec. 2022 (€3,585.9 Mil) but then declined from Dec. 2022 (€3,585.9 Mil) to Dec. 2023 (€3,517.7 Mil).

Galapagos NV Marketable Securities Historical Data

The historical data trend for Galapagos NV'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.

* Premium members only.

Galapagos NV Marketable Securities Chart

Galapagos NV Annual Data

Trend

Dec14

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Dec18

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Dec20

Dec21

Dec22

Dec23

Marketable Securities

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3,919.22

3,026.28

2,469.81

3,585.95

3,517.70

Galapagos NV 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															3,652.33	3,517.70	3,484.56	3,358.09	3,283.26

Galapagos NV Marketable Securities Calculation

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

Galapagos NV (LTS:0JXZ) 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".

Galapagos NV Marketable Securities Related Terms

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Galapagos NV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Galapagos NV (LTS:0JXZ) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

GLPGF:USA GLPG:USA GLPG:Netherlands GLPGa:UK GXE:Germany GXE:Germany G1LP34:Brazil GLPG:Austria

Address

Generaal De Wittelaan L11 A3, Mechelen, BEL, 2800

Website

https://www.glpg.com

Galapagos NV is a fully integrated biotechnology company focused on discovering, developing, and commercializing medicines. The company is committed to improving patients' lives world-wide by targeting diseases with high unmet needs. Its R&D capabilities cover multiple drug modalities, including small molecules and cell therapies. Its portfolio comprises discovery through to commercialized programs in immunology, oncology, and other indications. Its first medicine for rheumatoid arthritis and ulcerative colitis is available in Europe and Japan. It derives maximum revenue from United States of America.

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