George Risk Industries (George Risk Industries) Total Current Assets : $55.68 Mil (As of Jan. 2024)

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What is George Risk Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. George Risk Industries's total current assets for the quarter that ended in Jan. 2024 was $55.68 Mil.

George Risk Industries Total Current Assets Historical Data

The historical data trend for George Risk Industries'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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George Risk Industries Total Current Assets Chart

George Risk Industries Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Current Assets

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39.99

40.44

50.52

50.49

52.37

George Risk Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Current Assets	Get a 7-Day Free Trial															51.51	52.37	54.90	50.75	55.68

George Risk Industries 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.

George Risk Industries's Total Current Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	36.306	+	3.562	+	11.443	+	1.054
	=	52.37

George Risk Industries's Total Current Assets for the quarter that ended in Jan. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	38.964	+	4.097	+	12.088	+	0.534
	=	55.68

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.

George Risk Industries (OTCPK:RSKIA) 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.

George Risk Industries's Liquidation Value for the quarter that ended in Jan. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	38.964	-	6.363	+	0.75 * 4.059	+	0.5 * 12.088
=	41.69

George Risk Industries Total Current Assets Related Terms

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George Risk Industries (George Risk Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » George Risk Industries Inc (OTCPK:RSKIA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

802 South Elm Street, Kimball, NE, USA, 69145

Website

https://www.grisk.com

George Risk Industries Inc manufactures security products. The company is engaged in the designing, manufacturing, and sale of various products which include magnetic reed switches as well as keyboards and keyboard switches, proximity sensors, security alarm components, pool access alarms, liquid detection sensors, raceway wire covers, wire, and cable installation tools and various other sensors and devices. These security products are used in alarm system installations in the residential, commercial, industrial, and government sectors and generate maximum revenue for the company.

Executives

Bonita Risk Family Irrevocable Trust	10 percent owner	705 JEFFERSON ST., KIMBALL NE 69145
Kenneth R. Risk Revocable Trust Now Irrevocable	10 percent owner	214 W. 9TH ST., KIMBALL NE 69145
Bonita Pauline Risk	director	802 S. ELM ST., KIMBALL NE 69145
Stephanie Maire Risk-mcelroy	officer: Chief Financial Officer	802 S. ELM ST., KIMBALL NE 69145
Sharon Alberta Westby	officer: Secretary	802 S. ELM ST., KIMBALL NE 69145
Donna Dean Debowey	director	802 S. ELM ST., KIMBALL NE 69145
Daniel Roger Douglas	officer: Vice President, Materials	802 S. ELM ST., KIMBALL NE 69145