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IDP Education (ASX:IEL) Marketable Securities : A$13 Mil (As of Dec. 2023)


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What is IDP Education Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. IDP Education's Marketable Securities for the quarter that ended in Dec. 2023 was A$13 Mil.

IDP Education Marketable Securities Historical Data

The historical data trend for IDP Education'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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IDP Education Marketable Securities Chart

IDP Education Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Marketable Securities
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IDP Education Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 13.23

IDP Education Marketable Securities Calculation

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

IDP Education  (ASX:IEL) 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".

IDP Education Marketable Securities Related Terms

Thank you for viewing the detailed overview of IDP Education's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.

IDP Education (ASX:IEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » IDP Education Ltd (ASX:IEL) » Definitions » Marketable Securities
Comparable Companies
ASX:GEM ASX:3PL ASX:NDO ASX:NXD ASX:EVO ASX:KED ASX:AKG ASX:KME ASX:EDU ASX:CLU AIU EDU TAL HKSE:01797 LOPE SZSE:002607 GHC COUR LRN LAUR
Traded in Other Exchanges
IDPUF:USA 03F:Germany
Address
697 Collins Street, Level 10, Docklands, VIC, AUS, 3008
Website
https://www.idp.com
IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.

IDP Education (ASX:IEL) Headlines

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