Imperial Petroleum (Imperial Petroleum) Marketable Securities : $31.6 Mil (As of Mar. 2024)

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What is Imperial Petroleum Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Imperial Petroleum's Marketable Securities for the quarter that ended in Mar. 2024 was $31.6 Mil.

Imperial Petroleum's annual Marketable Securities increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($68.0 Mil) but then declined from Dec. 2022 ($68.0 Mil) to Dec. 2023 ($32.1 Mil).

Imperial Petroleum Marketable Securities Historical Data

The historical data trend for Imperial Petroleum'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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Imperial Petroleum Marketable Securities Chart

Imperial Petroleum Annual Data

Trend

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Marketable Securities

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68.00

32.10

Imperial Petroleum Quarterly Data
	Jul11	Oct11	Jan12	Apr12	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Marketable Securities	Get a 7-Day Free Trial															18.54	61.91	76.74	32.10	31.63

Imperial Petroleum Marketable Securities Calculation

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

Imperial Petroleum (NAS:IMPP) 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".

Imperial Petroleum Marketable Securities Related Terms

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Imperial Petroleum (Imperial Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Imperial Petroleum Inc (NAS:IMPP) » Definitions » Marketable Securities

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Traded in Other Exchanges

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Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.imperialpetro.com

Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.