Shinko Electric Industries Co (STU:SKS) Total Current Assets : €1,133 Mil (As of Mar. 2024)

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What is Shinko Electric Industries Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shinko Electric Industries Co's total current assets for the quarter that ended in Mar. 2024 was €1,133 Mil.

Shinko Electric Industries Co Total Current Assets Historical Data

The historical data trend for Shinko Electric Industries Co'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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Shinko Electric Industries Co Total Current Assets Chart

Shinko Electric Industries Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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879.69

962.37

1,476.57

1,579.73

1,132.72

Shinko Electric Industries Co 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															1,579.73	1,383.15	1,271.79	1,136.66	1,132.72

Shinko Electric Industries Co 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.

Shinko Electric Industries Co'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
	=	508.498	+	348.273	+	189.08	+	86.867
	=	1,133

Shinko Electric Industries Co'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
	=	508.498	+	348.273	+	189.08	+	86.867
	=	1,133

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.

Shinko Electric Industries Co (STU:SKS) 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.

Shinko Electric Industries Co'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)
=	508.498	-	790.764	+	0.75 * 348.273	+	0.5 * 189.08
=	73

Shinko Electric Industries Co Total Current Assets Related Terms

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Shinko Electric Industries Co (STU:SKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shinko Electric Industries Co Ltd (STU:SKS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

6967:Japan SKS:Germany

Address

80, Oshimada-machi, Nagano-shi, Nagano, JPN, 381-2287

Website

http://www.shinko.co.jp

Shinko Electric Industries Co Ltd is an integrated manufacturer of semiconductor packages. It houses eight core technologies that include hermetic seal technology, ceramic technology, multilayer build-up technology, integrated circuit assembly technology, and many others. Integrated circuit packages are the leading revenue generator, but hermetic seal tech is the traditional offering from Shinko. It connects glass and ceramics to various metals and is used in areas such as semiconductor lasers, and sensors for in-car use. The company also produces simulation technology that encompasses signal and power integrity of high-speed transmission lines and other solutions needed for high-performance semiconductor packages. Offices are located globally to serve a host of different industries.

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