Conrad Industries (Conrad Industries) Total Current Assets : $105.91 Mil (As of Sep. 2023)

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What is Conrad Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Conrad Industries's total current assets for the quarter that ended in Sep. 2023 was $105.91 Mil.

Conrad Industries Total Current Assets Historical Data

The historical data trend for Conrad Industries'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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Conrad Industries Total Current Assets Chart

Conrad Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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129.40

94.25

91.98

94.11

96.10

Conrad Industries Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Total Current Assets	Get a 7-Day Free Trial															90.15	97.78	96.10	-	105.91

Conrad Industries 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.

Conrad Industries's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	31.743	+	56.367	+	3.493	+	4.5
	=	96.10

Conrad Industries'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
	=	29.641	+	63.829	+	2.147	+	10.296
	=	105.91

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.

Conrad Industries (OTCPK:CNRD) 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.

Conrad Industries'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)
=	29.641	-	67.005	+	0.75 * 37.296	+	0.5 * 2.147
=	-8.32

Conrad Industries Total Current Assets Related Terms

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Conrad Industries (Conrad Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Conrad Industries Inc (OTCPK:CNRD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380

Website

https://www.conradindustries.com

Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The business activity of the firm is operated through Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.

Executives

Myers Kenneth G Jr

director, officer: President and CEO

STEWART ENTERPRISES, INC., 1333 SOUTH CLEARVIEW PARKWAY, JEFFERSON LA 70121