Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Total Current Assets

: $269.2 Mil (As of Sep. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Loma Negra Cia Industria Argentina's total current assets for the quarter that ended in Sep. 2023 was $269.2 Mil.

Loma Negra Cia Industria Argentina Total Current Assets Historical Data

The historical data trend for Loma Negra Cia Industria Argentina'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.

Loma Negra Cia Industria Argentina Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

372.40

206.86

261.04

368.79

240.31

Loma Negra Cia Industria Argentina Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Current Assets																222.92	240.31	311.34	320.42	269.21

Loma Negra Cia Industria Argentina 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.

Loma Negra Cia Industria Argentina's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.293	+	82.486	+	121.706	+	6.826
	=	240.3

Loma Negra Cia Industria Argentina'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
	=	59.749	+	82.578	+	126.884	+	-0.0010000000000332
	=	269.2

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.

Loma Negra Cia Industria Argentina (NYSE:LOMA) 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.

Loma Negra Cia Industria Argentina'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)
=	59.749	-	616.588	+	0.75 * 54.239	+	0.5 * 126.884
=	-452.7

Loma Negra Cia Industria Argentina Total Current Assets Related Terms

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Loma Negra Cia Industria Argentina (Loma Negra Cia Industria Argentina) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Loma Negra Cia Industria Argentina SA (NYSE:LOMA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

8LN:Germany LOMA:Argentina

Address

Boulevard Cecilia Grierson 355, Piso 4, 4th Floor, Buenos Aires, ARG, C1107CPG

Website

https://www.lomanegra.com

Loma Negra Cia Industria Argentina SA is a cement producer in Argentina. The company operates in five segments: Cement, masonry cement, and lime; Concrete; Rail services; Aggregates; and Others. The majority of its revenue comes from Cement, masonry cement, and lime segment.