Axactor ASA (LTS:0QIG) Marketable Securities : kr0 Mil (As of Dec. 2024)

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What is Axactor ASA Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Axactor ASA's Marketable Securities for the quarter that ended in Dec. 2024 was kr0 Mil.

Axactor ASA Marketable Securities Historical Data

The historical data trend for Axactor ASA'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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Axactor ASA Marketable Securities Chart

Axactor ASA Annual Data

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Marketable Securities

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Axactor ASA Quarterly Data
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Axactor ASA Marketable Securities Calculation

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

Axactor ASA (LTS:0QIG) 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".

Axactor ASA Marketable Securities Related Terms

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Axactor ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axactor ASA (LTS:0QIG) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

AXAo:Sweden ACR:Norway 2LJ:Germany

Address

Karenslyst alle 8A, Oslo, NOR, NO-0278

Website

https://www.axactor.com

Axactor ASA is a debt management company that specializes in purchasing and collecting debt portfolios. It also provides collection services for third-party-owned portfolios. The company operates in two segments: Non-performing loans (NPL) and Third-party collection (3PC). The NPL segment invests in portfolios of non-performing loans, which are presented as 'Purchased loan portfolios' in the consolidated statement of financial position. The 3PC segment focuses on performing debt collection services on behalf of third-party clients. Axactor ASA operates in Finland, Germany, Italy, Norway, Spain, and Sweden. The majority of its revenue comes from interest earned on purchased loan portfolios.

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