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Lanxess AG (MIL:1LXS) Marketable Securities : €428 Mil (As of Mar. 2024)


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What is Lanxess AG Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Lanxess AG's Marketable Securities for the quarter that ended in Mar. 2024 was €428 Mil.

Lanxess AG's annual Marketable Securities declined from Dec. 2021 (€591 Mil) to Dec. 2022 (€79 Mil) but then increased from Dec. 2022 (€79 Mil) to Dec. 2023 (€350 Mil).

Lanxess AG Marketable Securities Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Marketable Securities Chart

Lanxess AG 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 780.00 1,523.00 591.00 79.00 350.00

Lanxess AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,653.00 327.00 465.00 350.00 428.00

Lanxess AG Marketable Securities Calculation

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

Lanxess AG  (MIL:1LXS) 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".

Lanxess AG Marketable Securities Related Terms

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Lanxess AG (MIL:1LXS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lanxess AG (MIL:1LXS) » Definitions » Marketable Securities
Comparable Companies
XTER:VBK XTER:UZU XTER:NTG XTER:MZX XTER:BNN FRA:3330 XTER:WCH XTER:1COV XTER:BNR XTER:EVK LIN XPAR:AI SHW ECL APD XSWX:SIKA ISX:TPIA XSWX:GIVN SHSE:600309 DD
Traded in Other Exchanges
LNXSY:USA LNXSF:USA LXSd:UK 0H7I:UK LXS:Germany LXS:Austria
Address
Kennedyplatz 1, Cologne, DEU, 50569
Website
https://www.lanxess.com
Lanxess is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

Lanxess AG (MIL:1LXS) Headlines

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