Fast Finance24 Holding AG (XTER:FF24) Total Current Assets : €40.16 Mil (As of Dec. 2021)

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What is Fast Finance24 Holding AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fast Finance24 Holding AG's total current assets for the quarter that ended in Dec. 2021 was €40.16 Mil.

Fast Finance24 Holding AG Total Current Assets Historical Data

The historical data trend for Fast Finance24 Holding AG'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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Fast Finance24 Holding AG Total Current Assets Chart

Fast Finance24 Holding AG Annual Data

Trend

Dec12

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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0.30

0.22

1.02

40.16

1.84

Fast Finance24 Holding AG Quarterly Data
	Dec13	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22
Total Current Assets	Get a 7-Day Free Trial															0.90	1.24	1.45	40.16	1.84

Fast Finance24 Holding AG 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.

Fast Finance24 Holding AG's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.281	+	1.372	+	0	+	0.183
	=	1.84

Fast Finance24 Holding AG's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.171	+	39.54	+	0	+	0.444
	=	40.16

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.

Fast Finance24 Holding AG (XTER:FF24) 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.

Fast Finance24 Holding AG's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.171	-	0.578	+	0.75 * 38.847	+	0.5 * 0
=	28.73

Fast Finance24 Holding AG Total Current Assets Related Terms

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Fast Finance24 Holding AG (XTER:FF24) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Fast Finance24 Holding AG (XTER:FF24) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Uhlandstrasse 165/166, Berlin, DEU, 10719

Website

https://www.fastfinance24.com

Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

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