Steamships Trading Co (ASX:SST) Total Current Assets : A$102.2 Mil (As of Dec. 2023)

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What is Steamships Trading Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Steamships Trading Co's total current assets for the quarter that ended in Dec. 2023 was A$102.2 Mil.

Steamships Trading Co Total Current Assets Historical Data

The historical data trend for Steamships Trading 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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Steamships Trading Co Total Current Assets Chart

Steamships Trading Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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107.63

127.61

112.20

96.86

102.23

Steamships Trading Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															112.20	124.54	96.86	88.48	102.23

Steamships Trading 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.

Steamships Trading Co'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
	=	11.406	+	67.728	+	15.634	+	7.466
	=	102.2

Steamships Trading Co'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
	=	11.406	+	67.728	+	15.634	+	7.466
	=	102.2

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.

Steamships Trading Co (ASX:SST) 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.

Steamships Trading Co'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)
=	11.406	-	250.309	+	0.75 * 49.189	+	0.5 * 15.634
=	-194.2

Steamships Trading Co Total Current Assets Related Terms

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Steamships Trading Co (ASX:SST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Steamships Trading Co Ltd (ASX:SST) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121

Website

https://www.steamships.com.pg

Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes Property and hospitality, Logistics, and Commercial & investment. It generates maximum revenue from the Logistics segment, which consists of shipping and land-based freight transport and related services divisions. The Property and hospitality segment consists of the hotels owned and operated by the group and also its property leasing division and Commercial and investment - which consists of commercial, head office administration function and insurance activities The group primarily operates in Papua New Guinea.