PSYTF (Pason Systems) Marketable Securities : $2.5 Mil (As of Dec. 2024)

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What is Pason Systems Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Pason Systems's Marketable Securities for the quarter that ended in Dec. 2024 was $2.5 Mil.

Pason Systems's annual Marketable Securities declined from Dec. 2022 ($29.7 Mil) to Dec. 2023 ($0.0 Mil) but then increased from Dec. 2023 ($0.0 Mil) to Dec. 2024 ($2.5 Mil).

Pason Systems Marketable Securities Historical Data

The historical data trend for Pason Systems'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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Pason Systems Marketable Securities Chart

Pason Systems Annual Data

Trend

Dec15

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Dec17

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Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Marketable Securities

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29.72

2.51

Pason Systems Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Marketable Securities	Get a 7-Day Free Trial															-	3.09	3.21	2.29	2.51

Pason Systems Marketable Securities Calculation

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

Pason Systems (OTCPK:PSYTF) 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".

Pason Systems Marketable Securities Related Terms

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Pason Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (OTCPK:PSYTF) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

3PS:Germany PSI:Canada

Address

6130 Third Street South East, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.