Ridgecrest (LSE:RDGC) Total Current Assets : £1.82 Mil (As of Sep. 2021)

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What is Ridgecrest Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ridgecrest's total current assets for the quarter that ended in Sep. 2021 was £1.82 Mil.

Ridgecrest Total Current Assets Historical Data

The historical data trend for Ridgecrest'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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Ridgecrest Total Current Assets Chart

Ridgecrest Annual Data

Trend

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Total Current Assets

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4.14

3.01

1.77

1.69

2.05

Ridgecrest Semi-Annual Data
	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21
Total Current Assets	Get a 7-Day Free Trial															1.69	1.69	1.02	2.05	1.82

Ridgecrest 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.

Ridgecrest's Total Current Assets for the fiscal year that ended in Mar. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.001	+	0.04	+	0	+	0.0070000000000001
	=	2.05

Ridgecrest's Total Current Assets for the quarter that ended in Sep. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.784	+	0.036	+	0	+	0
	=	1.82

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.

Ridgecrest (LSE:RDGC) 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.

Ridgecrest's Liquidation Value for the quarter that ended in Sep. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.784	-	0.052	+	0.75 * 0.036	+	0.5 * 0
=	1.76

Ridgecrest Total Current Assets Related Terms

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Ridgecrest (LSE:RDGC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ridgecrest PLC (LSE:RDGC) » Definitions » Total Current Assets

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Address

475 Godstone Road, Bourne House, Whyteleafe, Surrey, GBR, CR3 0BL

Website

https://www.ridgecrestplc.com

Ridgecrest PLC is a recruitment company of two branded solutions placing people into specialist and management positions. It offers permanent, temporary, and contract recruitment services to corporations, creative agencies, start-ups, and SME's, as well as services for business change and in insurance and investment management under the Highams brand. It operates in two segments: the United Kingdom(UK), which accounts for majority revenue; and the Asia Pacific. The Asia Pacific includes Hong Kong & Singapore, and the UK segment includes candidates placed in the UK and Europe. The company operates in the digital, creative, media, marketing, and technology sectors.

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