Kandagiri Spinning Mills (BOM:521242) Total Current Assets : ₹17.03 Mil (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Kandagiri Spinning Mills Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Kandagiri Spinning Mills's total current assets for the quarter that ended in Mar. 2024 was ₹17.03 Mil.

Kandagiri Spinning Mills Total Current Assets Historical Data

The historical data trend for Kandagiri Spinning Mills'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.

* Premium members only.

Kandagiri Spinning Mills Total Current Assets Chart

Kandagiri Spinning Mills Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

Get a 7-Day Free Trial

40.10

15.43

1.59

15.70

17.03

Kandagiri Spinning Mills Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															15.70	-	2.27	-	17.03

Kandagiri Spinning Mills 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.

Kandagiri Spinning Mills's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.316	+	15.878	+	0	+	0.833
	=	17.03

Kandagiri Spinning Mills's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.316	+	15.878	+	0	+	0.833
	=	17.03

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.

Kandagiri Spinning Mills (BOM:521242) 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.

Kandagiri Spinning Mills's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.316	-	211.927	+	0.75 * 15.878	+	0.5 * 0
=	-199.70

Kandagiri Spinning Mills Total Current Assets Related Terms

Thank you for viewing the detailed overview of Kandagiri Spinning Mills's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kandagiri Spinning Mills (BOM:521242) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kandagiri Spinning Mills Ltd (BOM:521242) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Mill Premises, Post Box No. 3, Udayapatti P.O, Salem, TN, IND, 636 140

Website

https://www.kandagirimills.com

Kandagiri Spinning Mills Ltd is engaged in Cotton Yarn and continued to lease out its immovable properties. The Company's primary segment is identified as a business segment based on the nature of products, risk, returns, and internal reporting business systems the company is principally engaged in a single business segment viz. trading of cotton yarn. The majority of revenue is received from the sale of products.

Kandagiri Spinning Mills (BOM:521242) Headlines

No Headlines