Nestle Nigeria (NSA:NSTL) Marketable Securities : ₦0 Mil (As of Mar. 2024)

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What is Nestle Nigeria Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Nestle Nigeria's Marketable Securities for the quarter that ended in Mar. 2024 was ₦0 Mil.

Nestle Nigeria's annual Marketable Securities declined from Dec. 2021 (₦0 Mil) to Dec. 2022 (₦-49 Mil) but then increased from Dec. 2022 (₦-49 Mil) to Dec. 2023 (₦159,980 Mil).

Nestle Nigeria Marketable Securities Historical Data

The historical data trend for Nestle Nigeria'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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Nestle Nigeria Marketable Securities Chart

Nestle Nigeria Annual Data

Trend

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Dec23

Marketable Securities

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-49.28

159,980.01

Nestle Nigeria 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															-	-	-	159,980.01	-

Nestle Nigeria Marketable Securities Calculation

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

Nestle Nigeria (NSA:NSTL) 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".

Nestle Nigeria Marketable Securities Related Terms

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Nestle Nigeria (NSA:NSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nestle Nigeria PLC (NSA:NSTL) » Definitions » Marketable Securities

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Traded in Other Exchanges

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Address

22-24, Industrial Avenue, Ilupeju, Lagos, Ikeja, NGA, P.M.B. 21164

Website

https://www.nestle-cwa.com

Nestle Nigeria PLC is a food and beverage company. It is involved in the business of manufacturing, marketing, and distribution of food products. The firm has categorized its products into Baby foods, Coffee, Culinary, Dairy, Drinks, and Recipes. It develops and markets its products under brands such as Cerelac, Nescafe, Nido, Maggi, Milo, etc. The company has Food and Beverage reportable segments. The food segment engaged in the production and sale of Maggi, Cerelac, SMA, Nan, Lactogen, and Golden Morn. The beverages segment consists of the production and sale of Milo, Chocomilo, Nido, Nescafe, Milo ready-to-drink, and Nestle Pure Life. The food segment generates the majority of the revenue. The majority of the revenue is generated from Nigeria.

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