MTN Nigeria Communications (NSA:MTNN) Marketable Securities : ₦62,785 Mil (As of Mar. 2024)

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What is MTN Nigeria Communications Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. MTN Nigeria Communications's Marketable Securities for the quarter that ended in Mar. 2024 was ₦62,785 Mil.

MTN Nigeria Communications's annual Marketable Securities declined from Dec. 2021 (₦57,664 Mil) to Dec. 2022 (₦20,288 Mil) and declined from Dec. 2022 (₦20,288 Mil) to Dec. 2023 (₦7,256 Mil).

MTN Nigeria Communications Marketable Securities Historical Data

The historical data trend for MTN Nigeria Communications'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.

MTN Nigeria Communications Marketable Securities Chart

MTN Nigeria Communications Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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54,827.00

146,783.00

57,664.00

20,288.00

7,256.00

MTN Nigeria Communications 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															44,961.00	36,957.00	32,001.00	7,256.00	62,785.00

MTN Nigeria Communications Marketable Securities Calculation

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

MTN Nigeria Communications (NSA:MTNN) 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".

MTN Nigeria Communications Marketable Securities Related Terms

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MTN Nigeria Communications (NSA:MTNN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » MTN Nigeria Communications PLC (NSA:MTNN) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Aromire Road, Off Alfred Rewane, Ikoyi, Lagos, NGA

Website

https://www.mtnonline.com

MTN Nigeria Communications PLC is a provider of communications services. The principal activities of the company are the provision of broadband fixed wireless access service, high-quality telecommunications services, and mobile financial services in Nigeria. The group operates in three reportable segments, namely, Consumer Business Unit (CBU) which consists of subscribers sitting in value propositions and tariff plans for Youth, High Value and Mass segments, Enterprise Business Unit (EBU) consists of small and medium organizations to whom the services are provided, and Wholesale Business Unit (WBU) serves customers who buy MTN telecom products. The majority of the revenue is generated from the CBU segment.

MTN Nigeria Communications (NSA:MTNN) Headlines

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