MGLG (Magellan Energy) Marketable Securities: $0.00 Mil (As of . 20)


What is Magellan Energy Marketable Securities?

Magellan Energy MGLG -90.00% Marketable Securities is $0.00 Mil as of . 20.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Magellan Energy's Marketable Securities for the quarter that ended in . 20 was $0.00 Mil.

Magellan Energy  (OTCPK:MGLG) 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".

Magellan Energy Marketable Securities Related Terms

Magellan Energy Marketable Securities Historical Data

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The historical data trend for Magellan Energy'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.

Magellan Energy Marketable Securities Chart

Magellan Energy Annual Data
Trend
Marketable Securities

Magellan Energy Quarterly Data
Marketable Securities

Magellan Energy 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 $0.00 Mil mean?
Magellan Energy (MGLG) has a Marketable Securities of $0.00 Mil as of . 20. Marketable securities are high-liquid securites not directly classified as cash or cash equivalents. View historical data on Magellan Energy and its competitors.
Is Magellan Energy's Marketable Securities too high?
Magellan Energy's current Marketable Securities is $0.00 Mil.
How does Magellan Energy's Marketable Securities compare to JKXOY and BRZV?
Magellan Energy's Marketable Securities of $0.00 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Marketable Securities depends on the Oil & Gas 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 Magellan Energy and its competitors. Magellan Energy's current Marketable Securities is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Energy stock overvalued right now?
Magellan Energy (MGLG) has a current Marketable Securities of $0.00 Mil. The current Marketable Securities is $0.00 Mil. 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 Magellan Energy (MGLG), the current Marketable Securities is $0.00 Mil as of . 20. 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.

Magellan Energy Business Description

Industry EnergyOil & Gas
Address 1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4
Magellan Energy Ltd is an oil and gas exploration company. The company is engaged in the extraction and production of small to medium-sized oil and gas properties.