Mega African Capital (XGHA:MAC) Marketable Securities : GHS104.51 Mil (As of Dec. 2022)

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What is Mega African Capital Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Mega African Capital's Marketable Securities for the quarter that ended in Dec. 2022 was GHS104.51 Mil.

Mega African Capital's annual Marketable Securities increased from Dec. 2020 (GHS0.00 Mil) to Dec. 2021 (GHS69.91 Mil) and increased from Dec. 2021 (GHS69.91 Mil) to Dec. 2022 (GHS104.51 Mil).

Mega African Capital Marketable Securities Historical Data

The historical data trend for Mega African Capital'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.

Mega African Capital Marketable Securities Chart

Mega African Capital Annual Data

Trend

Dec20

Dec21

Dec22

Marketable Securities

69.91

104.51

Mega African Capital Semi-Annual Data
	Dec20	Dec21	Dec22
Marketable Securities	-	69.91	104.51

Mega African Capital Marketable Securities Calculation

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

Mega African Capital (XGHA:MAC) 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".

Mega African Capital Marketable Securities Related Terms

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Mega African Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » Marketable Securities

Traded in Other Exchanges

N/A

Address

Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA

Website

http://www.megafricancapital.com

Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.