Gujarat Mineral Development (NSE:GMDCLTD) Total Current Assets : ₹26,077 Mil (As of Mar. 2024)

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What is Gujarat Mineral Development Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gujarat Mineral Development's total current assets for the quarter that ended in Mar. 2024 was ₹26,077 Mil.

Gujarat Mineral Development Total Current Assets Historical Data

The historical data trend for Gujarat Mineral Development'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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Gujarat Mineral Development Total Current Assets Chart

Gujarat Mineral Development Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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14,654.57

16,665.05

16,571.95

20,186.69

26,076.87

Gujarat Mineral Development 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															20,186.69	-	24,817.50	-	26,076.87

Gujarat Mineral Development 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.

Gujarat Mineral Development'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
	=	20294.755	+	1062.871	+	1064.784	+	3654.463
	=	26,077

Gujarat Mineral Development'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
	=	20294.755	+	1062.871	+	1064.784	+	3654.463
	=	26,077

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.

Gujarat Mineral Development (NSE:GMDCLTD) 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.

Gujarat Mineral Development'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)
=	20294.755	-	12508.463	+	0.75 * 1012.749	+	0.5 * 1064.784
=	9,078

Gujarat Mineral Development Total Current Assets Related Terms

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Gujarat Mineral Development (NSE:GMDCLTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Gujarat Mineral Development Corp Ltd (NSE:GMDCLTD) » Definitions » Total Current Assets

Traded in Other Exchanges

532181:India

Address

132 Feet Ring Road, Khanij Bhavan, Near University Ground, Vastrapur, Ahmedabad, GJ, IND, 380 052

Website

https://www.gmdcltd.com

Gujarat Mineral Development Corp Ltd is a mineral resource mining company. Its operations include lignite mining, bauxite mining, fluorspar mining, manganese mining, and power generation. The company's segments include Mining and Power. The majority of the revenue is derived from mining operations specifically from the sale of lignite mining and the company also has various other mining projects.

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