Loop Industries (FRA:3L9) Marketable Securities : €0.00 Mil (As of Feb. 2024)

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What is Loop Industries Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Loop Industries's Marketable Securities for the quarter that ended in Feb. 2024 was €0.00 Mil.

Loop Industries Marketable Securities Historical Data

The historical data trend for Loop Industries'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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Loop Industries Marketable Securities Chart

Loop Industries Annual Data

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Marketable Securities

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Loop Industries Quarterly Data
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Loop Industries Marketable Securities Calculation

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

Loop Industries (FRA:3L9) 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".

Loop Industries Marketable Securities Related Terms

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Loop Industries (FRA:3L9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Marketable Securities

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Traded in Other Exchanges

LOOP:USA

Address

480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4

Website

http://www.loopindustries.com

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

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