Nordic LEVEL Group AB (OSTO:LEVEL) Total Current Assets : kr165.2 Mil (As of Dec. 2023)

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What is Nordic LEVEL Group AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nordic LEVEL Group AB's total current assets for the quarter that ended in Dec. 2023 was kr165.2 Mil.

Nordic LEVEL Group AB Total Current Assets Historical Data

The historical data trend for Nordic LEVEL Group AB'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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Nordic LEVEL Group AB Total Current Assets Chart

Nordic LEVEL Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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33.94

37.72

105.97

175.65

165.24

Nordic LEVEL Group AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															175.65	163.05	194.16	183.52	165.24

Nordic LEVEL Group AB 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.

Nordic LEVEL Group AB'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
	=	36.489	+	113.791	+	6.964	+	7.999
	=	165.2

Nordic LEVEL Group AB'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
	=	36.489	+	113.791	+	6.964	+	7.999
	=	165.2

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.

Nordic LEVEL Group AB (OSTO:LEVEL) 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.

Nordic LEVEL Group AB'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)
=	36.489	-	206.869	+	0.75 * 61.458	+	0.5 * 6.964
=	-120.8

Nordic LEVEL Group AB Total Current Assets Related Terms

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Nordic LEVEL Group AB (OSTO:LEVEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Nordic LEVEL Group AB (OSTO:LEVEL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Esplanaden 3 B, Sundbyberg, SWE, 172 67

Website

https://www.nordiclevelgroup.com

Nordic LEVEL Group AB is an acquisition-driven group that acquires and develops companies in the security sector. The group is a full-service provider of trusted safety and security solutions, and the business is conducted through the group's subsidiaries in the Nordic market. LEVEL operates in three core areas: advisory, technology and operations. The company focus is to decrease societal costs by increasing both physical and perceived security for clients as well as allowing for law enforcement to focus on their primary societal responsibilities.

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