Next Re SIIQ SpA (MIL:NR) Total Current Assets : €6.56 Mil (As of Dec. 2023)

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What is Next Re SIIQ SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Next Re SIIQ SpA's total current assets for the quarter that ended in Dec. 2023 was €6.56 Mil.

Next Re SIIQ SpA Total Current Assets Historical Data

The historical data trend for Next Re SIIQ SpA'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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Next Re SIIQ SpA Total Current Assets Chart

Next Re SIIQ SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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15.56

30.50

11.92

16.70

6.56

Next Re SIIQ SpA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															11.92	13.65	16.70	5.63	6.56

Next Re SIIQ SpA 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.

Next Re SIIQ SpA'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
	=	5.742	+	0.253	+	0	+	0.56
	=	6.56

Next Re SIIQ SpA's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.742	+	0.253	+	0	+	0.56
	=	6.56

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.

Next Re SIIQ SpA (MIL:NR) 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.

Next Re SIIQ SpA's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.742	-	64.444	+	0.75 * 0.149	+	0.5 * 0
=	-58.59

Next Re SIIQ SpA Total Current Assets Related Terms

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Next Re SIIQ SpA (MIL:NR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Next Re SIIQ SpA (MIL:NR) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Via Zara, no. 28, Rome, ITA, 00198

Website

https://www.nextresiiq.it

Next Re SIIQ SpA is a real estate company. It is focused on investment in and enhancement of high-quality real estate rental assets located in the main Italian cities and diversified by office and retail segments. The company y manages a portfolio consisting of office, hotel, and commercial properties and is focused on asset classes that are aimed to meet the needs of new patterns and styles of real estate use, which reflect the economy and society's characteristics of access, utility, and experience. The categories engaged to look at Life-cycle Living & Hospitality, Leisure & Wellness, Smart Office Space, and Omnichannel Retail & Distribution.