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American Express Co (MEX:AXP) Marketable Securities : MXN17,071 Mil (As of Sep. 2024)


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What is American Express Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. American Express Co's Marketable Securities for the quarter that ended in Sep. 2024 was MXN17,071 Mil.

American Express Co's annual Marketable Securities increased from Dec. 2021 (MXN51,531 Mil) to Dec. 2022 (MXN88,453 Mil) but then declined from Dec. 2022 (MXN88,453 Mil) to Dec. 2023 (MXN30,180 Mil).


American Express Co Marketable Securities Historical Data

The historical data trend for American Express Co'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.

American Express Co Marketable Securities Chart

American Express Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157,066.08 428,672.60 51,531.17 88,453.35 30,180.21

American Express Co 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 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 48,494.21 30,180.21 30,337.95 14,912.56 17,071.49

American Express Co Marketable Securities Calculation

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


American Express Co  (MEX:AXP) 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".


American Express Co Marketable Securities Related Terms

Thank you for viewing the detailed overview of American Express Co's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


American Express Co Business Description

Address
200 Vesey Street, New York, NY, USA, 10285
American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. Since 2018, it has operated in three segments: global consumer services, global commercial services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.