Al Rashid Industrial Co (SAU:9580) Marketable Securities : ﷼0.7 Mil (As of Dec. 2022)

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What is Al Rashid Industrial Co Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Al Rashid Industrial Co's Marketable Securities for the quarter that ended in Dec. 2022 was ﷼0.7 Mil.

Al Rashid Industrial Co's annual Marketable Securities increased from . 20 (﷼0.0 Mil) to Dec. 2022 (﷼0.7 Mil) but then declined from Dec. 2022 (﷼0.7 Mil) to Dec. 2023 (﷼0.5 Mil).

Al Rashid Industrial Co Marketable Securities Historical Data

The historical data trend for Al Rashid Industrial Co'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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Al Rashid Industrial Co Marketable Securities Chart

Al Rashid Industrial Co Annual Data

Trend

Dec22

Dec23

Marketable Securities

0.73

0.47

Al Rashid Industrial Co Quarterly Data
	Dec22	Dec23
Marketable Securities	0.73	0.47

Al Rashid Industrial Co Marketable Securities Calculation

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

Al Rashid Industrial Co (SAU:9580) 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".

Al Rashid Industrial Co Marketable Securities Related Terms

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Al Rashid Industrial Co (SAU:9580) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Al Rashid Industrial Co (SAU:9580) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

N/A

Address

New Industrial City, 7960, Riyadh, SAU, 143322

Website

https://www.lastmade.com

Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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