Nordic Semiconductor ASA (Nordic Semiconductor ASA) Marketable Securities : $0.0 Mil (As of Mar. 2024)

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What is Nordic Semiconductor ASA Marketable Securities?

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

Nordic Semiconductor ASA's annual Marketable Securities increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.3 Mil) but then declined from Dec. 2022 ($0.3 Mil) to Dec. 2023 ($0.0 Mil).

Nordic Semiconductor ASA Marketable Securities Historical Data

The historical data trend for Nordic Semiconductor ASA'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.

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Nordic Semiconductor ASA Marketable Securities Chart

Nordic Semiconductor ASA Annual Data

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Marketable Securities

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0.27

Nordic Semiconductor ASA Quarterly Data
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Nordic Semiconductor ASA Marketable Securities Calculation

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

Nordic Semiconductor ASA (OTCPK:NRSDY) 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".

Nordic Semiconductor ASA Marketable Securities Related Terms

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Nordic Semiconductor ASA (Nordic Semiconductor ASA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nordic Semiconductor ASA (OTCPK:NRSDY) » Definitions » Marketable Securities

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NDCVF:USA NODO:Sweden NOD:Norway 0FF9:UK N0S:Germany

Address

Otto Nielsens veg 12, Trondheim, NOR, 7052

Website

https://www.nordicsemi.com

Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

Nordic Semiconductor ASA (Nordic Semiconductor ASA) Headlines

From GuruFocus

Q4 2023 Nordic Semiconductor ASA Earnings Call Transcript

By GuruFocus Research • 02-07-2024