Arendals Fossekompani ASA (OSL:AFK) Marketable Securities : kr22 Mil (As of Mar. 2024)

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What is Arendals Fossekompani ASA Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Arendals Fossekompani ASA's Marketable Securities for the quarter that ended in Mar. 2024 was kr22 Mil.

Arendals Fossekompani ASA's annual Marketable Securities declined from Dec. 2021 (kr15 Mil) to Dec. 2022 (kr12 Mil) but then increased from Dec. 2022 (kr12 Mil) to Dec. 2023 (kr16 Mil).

Arendals Fossekompani ASA Marketable Securities Historical Data

The historical data trend for Arendals Fossekompani 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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Arendals Fossekompani ASA Marketable Securities Chart

Arendals Fossekompani ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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905.70

744.97

15.23

11.83

15.91

Arendals Fossekompani ASA 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															13.00	19.00	18.00	15.91	22.00

Arendals Fossekompani ASA Marketable Securities Calculation

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

Arendals Fossekompani ASA (OSL:AFK) 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".

Arendals Fossekompani ASA Marketable Securities Related Terms

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Arendals Fossekompani ASA (OSL:AFK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Arendals Fossekompani ASA (OSL:AFK) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

AFKO:Sweden 5VZ:Germany

Address

Langbryggen 5, Arendal, NOR, 4841

Website

https://www.arendalsfossekompani.no

Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company has proud traditions in power production and owns and operates two hydropower plants, and also runs several property development projects. In addition, the firm operates globally in many forward-looking industries including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has 10 operating segments; Hydropower, Group Management, Volue, NSSLGIobaI, ENRX, Tekna, AFK Property, Alytic, Ampwell, and Vergia.