Leonardo DRS (Leonardo DRS) Total Current Assets : $1,772 Mil (As of Mar. 2024)

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What is Leonardo DRS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Leonardo DRS's total current assets for the quarter that ended in Mar. 2024 was $1,772 Mil.

Leonardo DRS Total Current Assets Historical Data

The historical data trend for Leonardo DRS'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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Leonardo DRS Total Current Assets Chart

Leonardo DRS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,251.00

1,263.00

1,389.00

1,707.00

1,918.00

Leonardo DRS Quarterly Data
	Dec18	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														1,712.00	1,697.00	1,740.00	1,918.00	1,772.00

Leonardo DRS 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.

Leonardo DRS'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
	=	467	+	1059	+	329	+	63
	=	1,918

Leonardo DRS'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
	=	160	+	1200	+	342	+	70
	=	1,772

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.

Leonardo DRS (NAS:DRS) 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.

Leonardo DRS'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)
=	160	-	1426	+	0.75 * 194	+	0.5 * 342
=	-950

Leonardo DRS Total Current Assets Related Terms

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Leonardo DRS (Leonardo DRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo DRS Inc (NAS:DRS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

2VZ:Germany

Address

2345 Crystal Drive, Suite 1000, Arlington, VA, USA, 22202

Website

https://www.leonardodrs.com

Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space and cyber domains. The diverse array of defense systems and solutions is offered to all branches of the U.S. military, aerospace and defense prime contractors, government intelligence agencies and international military customers for deployment on a wide range of military platforms.

Executives

Leonardo S.p.a	10 percent owner	PIAZZA MONTE GRAPPA 4, ROME L6 00195
Brothers Louis R Jr	director	REDWIRE CORPORATION, 8226 PHILIPS HIGHWAY, SUITE 101, JACKSONVILLE FL 32256
Gail Baker	director	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE SUITE 1000, ARLINGTON VA 22202
Leonardo Us Holding, Inc.	10 percent owner	1235 SOUTH CLARK STREET, SUITE 700, ARLINGTON VA 22202
George Casey	director	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202
William Iii Lynn	director, officer: Chief Executive Officer	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202
Pamela Morrow	officer: SVP and Controller	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 2000, ARLINGTON VA 22202
Michael Dippold	officer: EVP and CFO	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202
Sally Wallace	officer: EVP, Business Operations	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202
Mark Dorfman	officer: EVP, GC and Secretary	C/O LEONARDO DRS, INC., 2345 CRYSTAL DRIVE, SUITE 1000, ARLINGTON VA 22202
Frances F Townsend	director	C/O BAKER BOTTS LLP, THE WARNER, 1299 PENNSYLVANIA AVE., NW, WASHINGTON DC 20004-2400
David W Carey	director	10815 RANCHO BERNARDO RD.,, SUITE 310, SAN DIEGO CA 92127
Peter Marino	director	12701 FAIR LAKES CIRCLE, FAIRFAX VA 22033
Mary E Gallagher	director
Kenneth J Krieg	director	7111 XAVIER COURT, MCLEAN VA 22101