MCRAA (McRae Industries) Marketable Securities: $21.5 Mil (As of Jul. 2023)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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MCRAA McRae Industries Inc MCRAA
12 GF Score
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What is McRae Industries Marketable Securities?

McRae Industries MCRAA 12 Marketable Securities is $21.5 Mil as of Jul. 2023. GuruFocus rates MCRAA with a GF Score™ of 12/100.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. McRae Industries's Marketable Securities for the quarter that ended in Jul. 2023 was $21.5 Mil.

McRae Industries's annual Marketable Securities increased from Jul. 2021 ($0.0 Mil) to Jul. 2022 ($10.5 Mil) and increased from Jul. 2022 ($10.5 Mil) to Jul. 2023 ($21.5 Mil).

McRae Industries  (OTCPK:MCRAA) 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".

McRae Industries Marketable Securities Related Terms

McRae Industries Marketable Securities Historical Data

* Premium members only.

The historical data trend for McRae Industries'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.

McRae Industries Marketable Securities Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 10.55 21.51

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 10.55 21.51
MCRAA
12GF Score
McRae Industries Inc MCRAA
Marketable Securities is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae Industries 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 $21.5 Mil mean?
McRae Industries (MCRAA) has a Marketable Securities of $21.5 Mil as of Jul. 2023. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on McRae Industries and its competitors.
Is McRae Industries' Marketable Securities too high?
McRae Industries' current Marketable Securities is $21.5 Mil. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Marketable Securities compare to RCKY and DBI?
McRae Industries' Marketable Securities of $21.5 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Marketable Securities depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Marketable Securities is $21.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Marketable Securities of $21.5 Mil. The current Marketable Securities is $21.5 Mil. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAA), the current Marketable Securities is $21.5 Mil as of Jul. 2023. 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.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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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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