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Lixiang Education Holding Co (Lixiang Education Holding Co) Total Current Assets : $44.60 Mil (As of Jun. 2023)


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What is Lixiang Education Holding Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lixiang Education Holding Co's total current assets for the quarter that ended in Jun. 2023 was $44.60 Mil.

Lixiang Education Holding Co Total Current Assets Historical Data

The historical data trend for Lixiang Education Holding Co'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.

Lixiang Education Holding Co Total Current Assets Chart

Lixiang Education Holding Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Assets
3.47 8.60 73.38 47.28 47.27

Lixiang Education Holding Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.65 47.28 42.45 47.27 44.60

Lixiang Education Holding Co 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.

Lixiang Education Holding Co'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
=35.395+4.875+0.167+6.833
=47.27

Lixiang Education Holding Co's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=33.53+0.125+0.14+10.803
=44.60

* 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.

Lixiang Education Holding Co  (NAS:LXEH) 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.

Lixiang Education Holding Co's Liquidation Value for the quarter that ended in Jun. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=33.53-47.755+0.75 * 0.079+0.5 * 0.14
=-14.10

* 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.

Lixiang Education Holding Co Total Current Assets Related Terms

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Lixiang Education Holding Co (Lixiang Education Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lixiang Education Holding Co Ltd (NAS:LXEH) » Definitions » Total Current Assets
Comparable Companies
BTCT AMBO ASPU WAFU GV LEAI BRWC NAUH CLEU GSUN AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 818 Hua Yuan Street, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Website
https://www.lixiangeh.com
Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.