Snam SpA (WBO:SRG) Marketable Securities : €0 Mil (As of Sep. 2023)

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What is Snam SpA Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Snam SpA's Marketable Securities for the quarter that ended in Sep. 2023 was €0 Mil.

Snam SpA's annual Marketable Securities declined from Dec. 2020 (€1 Mil) to Dec. 2021 (€0 Mil) but then stayed the same from Dec. 2021 (€0 Mil) to Dec. 2022 (€0 Mil).

Snam SpA Marketable Securities Historical Data

The historical data trend for Snam SpA'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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Snam SpA Marketable Securities Chart

Snam SpA Annual Data

Trend

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Marketable Securities

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Snam SpA Quarterly Data
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Snam SpA Marketable Securities Calculation

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

Snam SpA (WBO:SRG) 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".

Snam SpA Marketable Securities Related Terms

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Snam SpA (WBO:SRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Snam SpA (WBO:SRG) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

SNMRY:USA SRG:Italy SRGm:UK 0NQP:UK SNM:Germany

Address

Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097

Website

https://www.snam.it

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.