AGBA Group Holding (AGBA Group Holding) Total Current Assets : $25.62 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is AGBA Group Holding Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. AGBA Group Holding's total current assets for the quarter that ended in Dec. 2023 was $25.62 Mil.

AGBA Group Holding Total Current Assets Historical Data

The historical data trend for AGBA Group Holding'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.

* Premium members only.

AGBA Group Holding Total Current Assets Chart

AGBA Group Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

71.16

83.78

55.76

25.62

AGBA Group Holding Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial							55.76	54.25	45.24	34.73	25.62

AGBA Group Holding 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.

AGBA Group Holding'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
	=	1.861	+	6.941	+	0	+	16.817
	=	25.62

AGBA Group Holding'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
	=	1.861	+	6.941	+	0	+	16.817
	=	25.62

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.

AGBA Group Holding (NAS:AGBAW) 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.

AGBA Group Holding'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)
=	1.861	-	58.486	+	0.75 * 4.065	+	0.5 * 0
=	-53.58

AGBA Group Holding Total Current Assets Related Terms

Thank you for viewing the detailed overview of AGBA Group Holding's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

AGBA Group Holding (AGBA Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » AGBA Group Holding Ltd (NAS:AGBAW) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

AGBA:USA D6D:Germany

Address

68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG

Website

https://www.agba.com

AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.