Altitude Group (LSE:ALT) Total Current Assets : £7.36 Mil (As of Sep. 2023)

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What is Altitude Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Altitude Group's total current assets for the quarter that ended in Sep. 2023 was £7.36 Mil.

Altitude Group Total Current Assets Historical Data

The historical data trend for Altitude Group'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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Altitude Group Total Current Assets Chart

Altitude Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Total Current Assets

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4.93

3.52

4.69

4.85

7.15

Altitude Group Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															4.72	4.85	5.62	7.15	7.36

Altitude Group 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.

Altitude Group's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.173	+	5.521	+	0.361	+	0.091
	=	7.15

Altitude Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.441	+	5.645	+	1.054	+	0.218
	=	7.36

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.

Altitude Group (LSE:ALT) 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.

Altitude Group's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.441	-	4.52	+	0.75 * 5.645	+	0.5 * 1.054
=	0.68

Altitude Group Total Current Assets Related Terms

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Altitude Group (LSE:ALT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altitude Group PLC (LSE:ALT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

D9E:Germany

Address

32 Eyre Street, 7th Floor, Sheffield City Centre, Sheffield, GBR, S1 4QZ

Website

http://www.altitudeplc.com

Altitude Group PLC operates a technology and information business providing services to the promotional merchandising and print industries across North America and the United Kingdom. The company enables the buyers and sellers of products to interact and trade, through the provision of technology, catalogues, and exhibition services, in the promotional merchandising and printing sectors. Its service portfolio comprises technology services such as cloud and server-based software, website solution, information service solution. It derives mainly of its revenue from North America.