Equinix (Equinix) Total Current Assets : $3,568 Mil (As of Dec. 2023)

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What is Equinix Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Equinix's total current assets for the quarter that ended in Dec. 2023 was $3,568 Mil.

Equinix Total Current Assets Historical Data

The historical data trend for Equinix's Total Current Assets 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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Equinix Total Current Assets Chart

Equinix Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,872.62

2,609.16

2,957.10

3,305.26

3,567.70

Equinix Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															3,305.26	3,993.15	3,744.02	3,885.38	3,567.70

Equinix Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Equinix's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2095.712	+	1303.272	+	0	+	168.713
	=	3,568

Equinix's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2095.712	+	1303.272	+	0	+	168.713
	=	3,568

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Equinix (NAS:EQIX) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Equinix's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2095.712	-	20137.225	+	0.75 * 1003.792	+	0.5 * 0
=	-17,289

Equinix Total Current Assets Related Terms

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Equinix (Equinix) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Equinix Inc (NAS:EQIX) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

EQN2:Germany EQIX34:Brazil

Address

One Lagoon Drive, Redwood City, CA, USA, 94065

Website

https://www.equinix.com

Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.

Executives

Charles J Meyers	officer: CEO and President	301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Scott Crenshaw	officer: EVP, GM Digital Services	ONE FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78133
Keith D Taylor	officer: VP Finance, CAO	301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Brandi Galvin	officer: General Counsel	301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Michael Earl Campbell	officer: Chief Sales Officer	1 LAGOON DRIVE, REDWOOD CITY CA 94065
Jonathan Lin	officer: EVP, GM, Data Center Services	C/O EQUINIX, INC., ONE LAGOON DRIVE, REDWOOD CITY CA 94065
Camp Peter Van	director, officer: Chief Executive Officer	C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Gary Hromadko	director, 10 percent owner, other: Affiliate of Director	301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Christopher B Paisley	director	14870 THREE OAKS COURT, SARATOGA CA 95070
Simon Miller	officer: Chief Accounting Officer	1 LAGOON DR, REDWOOD CITY CA 94065
Fidelma Russo	director	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Karl Strohmeyer	officer: Chief Customer & Rev Officer	ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Thomas S Olinger	director	C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Jeetendra I Patel	director	200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Ron Guerrier	director	C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121