Granite Construction (FRA:GRG) Marketable Securities : €170 Mil (As of Mar. 2024)

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What is Granite Construction Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Granite Construction's Marketable Securities for the quarter that ended in Mar. 2024 was €170 Mil.

Granite Construction's annual Marketable Securities increased from Dec. 2021 (€168 Mil) to Dec. 2022 (€211 Mil) but then declined from Dec. 2022 (€211 Mil) to Dec. 2023 (€190 Mil).

Granite Construction Marketable Securities Historical Data

The historical data trend for Granite Construction'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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Granite Construction Marketable Securities Chart

Granite Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Marketable Securities

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198.82

155.19

168.07

210.68

189.91

Granite Construction Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															207.18	196.67	222.96	189.91	169.73

Granite Construction Marketable Securities Calculation

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

Granite Construction (FRA:GRG) 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".

Granite Construction Marketable Securities Related Terms

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Granite Construction (FRA:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Granite Construction Inc (FRA:GRG) » Definitions » Marketable Securities

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GVA:USA

Address

585 West Beach Street, Watsonville, CA, USA, 95076

Website

https://www.graniteconstruction.com

Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.

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