REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Marketable Securities : €228.8 Mil (As of Dec. 2023)

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What is REN-Redes Energeticas Nacionais Sgps Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. REN-Redes Energeticas Nacionais Sgps's Marketable Securities for the quarter that ended in Dec. 2023 was €228.8 Mil.

REN-Redes Energeticas Nacionais Sgps's annual Marketable Securities increased from Dec. 2021 (€0.0 Mil) to Dec. 2022 (€1,000.0 Mil) but then declined from Dec. 2022 (€1,000.0 Mil) to Dec. 2023 (€228.8 Mil).

REN-Redes Energeticas Nacionais Sgps Marketable Securities Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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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REN-Redes Energeticas Nacionais Sgps Marketable Securities Chart

REN-Redes Energeticas Nacionais Sgps Annual Data

Trend

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Marketable Securities

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1,000.00

228.79

REN-Redes Energeticas Nacionais Sgps Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															1,000.00	946.90	931.34	936.51	228.79

REN-Redes Energeticas Nacionais Sgps Marketable Securities Calculation

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

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) 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".

REN-Redes Energeticas Nacionais Sgps Marketable Securities Related Terms

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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Marketable Securities

Traded in Other Exchanges

0KBT:UK RN4:Germany

Address

Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061

Website

http://www.ren.pt

REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).