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ERG SPA (MIL:ERG) Marketable Securities : €0.0 Mil (As of Mar. 2024)


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What is ERG SPA Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. ERG SPA's Marketable Securities for the quarter that ended in Mar. 2024 was €0.0 Mil.

ERG SPA's annual Marketable Securities declined from Dec. 2021 (€424.3 Mil) to Dec. 2022 (€211.1 Mil) but then increased from Dec. 2022 (€211.1 Mil) to Dec. 2023 (€241.7 Mil).


ERG SPA Marketable Securities Historical Data

The historical data trend for ERG SPA'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.

ERG SPA Marketable Securities Chart

ERG SPA 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 24.24 84.85 424.28 211.14 241.70

ERG SPA 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 305.00 150.80 - 241.70 -

ERG SPA Marketable Securities Calculation

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


ERG SPA  (MIL:ERG) 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".


ERG SPA Marketable Securities Related Terms

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ERG SPA (MIL:ERG) Business Description

Traded in Other Exchanges
Address
Via De Marini, 1, Torre WTC, Genoa, ITA, 16149
ERG SPA produces electricity from clean, renewable, and sustainable sources. The company produces wind power, and electricity as a hydroelectric operator to markets across Europe. Electricity is also generated from natural gas operations located in Italy. ERG's wind power production is handled by subsidiary ENG Renew that focuses on developing, building, and operating wind assets. Hydropower and natural gas operations are split off into ERG Power Generation. The company's hydro assets include plants, dams, reservoirs, and a pumping station. Natural gas production contributes the most revenue for ERG, and is churned out from a cogeneration plant that produces electricity and steam. Electricity from the plant is either fed into Italy's national grid or used to power other industrial plants.

ERG SPA (MIL:ERG) Headlines

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