Ashoka Metcast (BOM:540923) Total Current Assets : ₹1,107.1 Mil (As of Sep. 2023)

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What is Ashoka Metcast Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ashoka Metcast's total current assets for the quarter that ended in Sep. 2023 was ₹1,107.1 Mil.

Ashoka Metcast Total Current Assets Historical Data

The historical data trend for Ashoka Metcast'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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Ashoka Metcast Total Current Assets Chart

Ashoka Metcast Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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73.34

227.12

302.28

500.99

1,030.11

Ashoka Metcast Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial												412.08	500.99	1,071.47	1,030.11	1,107.11

Ashoka Metcast 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.

Ashoka Metcast's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	13.795	+	286.371	+	318.674	+	411.271
	=	1,030.1

Ashoka Metcast's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.801	+	351.749	+	341.65	+	383.912
	=	1,107.1

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.

Ashoka Metcast (BOM:540923) 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.

Ashoka Metcast's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.801	-	355.465	+	0.75 * 351.749	+	0.5 * 341.65
=	109.0

Ashoka Metcast Total Current Assets Related Terms

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Ashoka Metcast (BOM:540923) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ashoka Metcast Ltd (BOM:540923) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ASHOKAMET:India

Address

Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006

Website

http://www.ashokametcast.in

Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

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