Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Total Current Assets : lei33.47 Mil (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Turism Hoteluri Restaurante Marea Neagra Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Turism Hoteluri Restaurante Marea Neagra's total current assets for the quarter that ended in Mar. 2024 was lei33.47 Mil.

Turism Hoteluri Restaurante Marea Neagra Total Current Assets Historical Data

The historical data trend for Turism Hoteluri Restaurante Marea Neagra'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.

Turism Hoteluri Restaurante Marea Neagra Total Current Assets Chart

Turism Hoteluri Restaurante Marea Neagra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

66.71

50.69

14.81

10.49

9.56

Turism Hoteluri Restaurante Marea Neagra 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															33.78	28.14	17.33	9.56	33.47

Turism Hoteluri Restaurante Marea Neagra 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.

Turism Hoteluri Restaurante Marea Neagra'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
	=	8.408	+	0.99	+	0.003	+	0.159
	=	9.56

Turism Hoteluri Restaurante Marea Neagra'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
	=	7.763	+	18.631	+	0.02	+	7.052
	=	33.47

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.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) 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.

Turism Hoteluri Restaurante Marea Neagra'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)
=	7.763	-	43.975	+	0.75 * 18.005	+	0.5 * 0.02
=	-22.70

Turism Hoteluri Restaurante Marea Neagra Total Current Assets Related Terms

Thank you for viewing the detailed overview of Turism Hoteluri Restaurante Marea Neagra's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Turism Hoteluri Restaurante Marea Neagra SA (BSE:EFO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lavrion Street, No. 29, Constanta County, Mangalia, ROU, 905500

Website

https://www.thrmareaneagra.ro

Turism Hoteluri Restaurante Marea Neagra SA is engaged in providing tourist services. It provides resort and various types of accommodation and food services in the resorts and hotels of Black Sea resorts of Eforie Nord, Eforie Sud, Venus and Saturn. The services provided by the company are completed by the health and treatment offers in spa units situated in Bran-Brad-Bega, Balada, Hora, and Sirena. Geographically the operations are carried out through the region of Romania.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Headlines

No Headlines