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Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Total Current Assets : R$17,131 Mil (As of Mar. 2024)


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What is Usinas Siderurgicas de Minas Gerais Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Usinas Siderurgicas de Minas Gerais's total current assets for the quarter that ended in Mar. 2024 was R$17,131 Mil.

Usinas Siderurgicas de Minas Gerais Total Current Assets Historical Data

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais Total Current Assets Chart

Usinas Siderurgicas de Minas Gerais Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,861.28 11,829.60 19,999.47 20,358.66 17,931.65

Usinas Siderurgicas de Minas Gerais Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20,216.14 18,956.29 18,886.23 17,931.65 17,131.21

Usinas Siderurgicas de Minas Gerais 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.

Usinas Siderurgicas de Minas Gerais'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
=6009.833+3701.873+7492.964+726.978
=17,932

Usinas Siderurgicas de Minas Gerais's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=5742.501+3555.64+7033.693+799.379
=17,131

* 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.

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.

Usinas Siderurgicas de Minas Gerais  (BSP:USIM3) 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.

Usinas Siderurgicas de Minas Gerais's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5742.501-12886.1+0.75 * 3385.869+0.5 * 7033.693
=-1,087

* 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.

Usinas Siderurgicas de Minas Gerais Total Current Assets Related Terms

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Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Usinas Siderurgicas de Minas Gerais SA (BSP:USIM3) » Definitions » Total Current Assets
Comparable Companies
BSP:GOAU3 BSP:FESA3 BSP:CSNA3 BSP:PATI3 BSP:CMIN3 BSP:GGBR4 NUE BOM:500228 XKRX:005490 STLD NSE:TATASTEEL XAMS:MT TSE:5401 SHSE:600019 RS MIC:CHMF TPE:2002 CLF TSE:5411 SZSE:000708
Traded in Other Exchanges
USNZY:USA XUSIO:Spain XUSI:Spain U1S1:Germany USIM6:Brazil USIM5:Brazil
Address
Rua Professor Jose Vieira de Mendonca, 3.011 - Engenho Nogueira, Belo Horizonte, MG, BRA, 31310-260
Website
https://www.usiminas.com
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company that is primarily engaged in the production and distribution of flat steel products. The company's product portfolio consists of ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled products, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the three biggest export destination markets for the company.

Usinas Siderurgicas de Minas Gerais (BSP:USIM3) Headlines

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