Hearts And Minds Investments (ASX:HM1) Total Current Assets : A$554.12 Mil (As of Dec. 2023)

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What is Hearts And Minds Investments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hearts And Minds Investments's total current assets for the quarter that ended in Dec. 2023 was A$554.12 Mil.

Hearts And Minds Investments Total Current Assets Historical Data

The historical data trend for Hearts And Minds Investments'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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Hearts And Minds Investments Total Current Assets Chart

Hearts And Minds Investments Annual Data

Trend

Oct18

Jun20

Jun21

Jun22

Jun23

Total Current Assets

500.00

52.66

123.86

309.75

116.49

Hearts And Minds Investments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial				409.13	309.75	498.36	116.49	554.12

Hearts And Minds Investments 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.

Hearts And Minds Investments's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	115.624	+	0.863	+	0	+	0
	=	116.49

Hearts And Minds Investments'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
	=	553.982	+	0.139	+	0	+	0
	=	554.12

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.

Hearts And Minds Investments (ASX:HM1) 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.

Hearts And Minds Investments'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)
=	553.982	-	5.749	+	0.75 * 0.139	+	0.5 * 0
=	548.34

Hearts And Minds Investments Total Current Assets Related Terms

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Hearts And Minds Investments (ASX:HM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hearts And Minds Investments Ltd (ASX:HM1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.heartsandmindsinvestments.com.au

Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

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