HK Electric Investments and HK Electric Investments (HKSE:02638) Total Current Assets : HK$2,493 Mil (As of Dec. 2023)

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What is HK Electric Investments and HK Electric Investments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. HK Electric Investments and HK Electric Investments's total current assets for the quarter that ended in Dec. 2023 was HK$2,493 Mil.

HK Electric Investments and HK Electric Investments Total Current Assets Historical Data

The historical data trend for HK Electric Investments and HK Electric 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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HK Electric Investments and HK Electric Investments Total Current Assets Chart

HK Electric Investments and HK Electric Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,178.00

1,729.00

2,347.00

5,294.00

2,493.00

HK Electric Investments and HK Electric Investments 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															2,347.00	4,599.00	5,294.00	4,999.00	2,493.00

HK Electric Investments and HK Electric 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.

HK Electric Investments and HK Electric Investments'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
	=	21	+	1375	+	1003	+	94
	=	2,493

HK Electric Investments and HK Electric 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
	=	21	+	1375	+	1003	+	94
	=	2,493

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.

HK Electric Investments and HK Electric Investments (HKSE:02638) 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.

HK Electric Investments and HK Electric 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)
=	21	-	69562	+	0.75 * 724	+	0.5 * 1003
=	-68,497

HK Electric Investments and HK Electric Investments Total Current Assets Related Terms

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HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » HK Electric Investments and HK Electric Investments Ltd (HKSE:02638) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HKVTY:USA HKCVF:USA HKT:Germany

Address

44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG

Website

https://www.hkelectric.com

HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

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