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Meggitt (Meggitt) Total Current Assets : $1,316 Mil (As of Jun. 2022)


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What is Meggitt Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Meggitt's total current assets for the quarter that ended in Jun. 2022 was $1,316 Mil.

Meggitt Total Current Assets Historical Data

The historical data trend for Meggitt'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.

Meggitt Total Current Assets Chart

Meggitt Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,285.39 1,405.82 1,449.80 1,259.41 1,339.50

Meggitt Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,453.69 1,259.41 1,268.86 1,339.50 1,315.89

Meggitt 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.

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

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=253.723+329.787+605.585+150.4
=1,339

Meggitt's Total Current Assets for the quarter that ended in Jun. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=129.557+411.33+663.916+111.084
=1,316

* 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.

Meggitt  (OTCPK:MEGGY) 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.

Meggitt's Liquidation Value for the quarter that ended in Jun. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=129.557-2254.68+0.75 * 411.33+0.5 * 663.916
=-1,485

* 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.

Meggitt Total Current Assets Related Terms

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Meggitt (Meggitt) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Meggitt PLC (OTCPK:MEGGY) » Definitions » Total Current Assets
Comparable Companies
LSE:RR. LSE:QQ. LSE:CHG LSE:SNR LSE:AVON LSE:CHRT LSE:MSI LSE:HARL LSE:VEL LSE:BA. RTX LMT BA NOC XPAR:AIR GD LHX XPAR:SAF TDG XPAR:HO
Traded in Other Exchanges
N/A
Address
Ansty Business Park, Pilot Way, Coventry, GBR, CV7 9JU
Website
https://www.meggitt.com
Meggitt designs and manufactures high performance components and sub-systems for the aerospace, defense, and energy markets. Key products include aircraft wheels and brakes, fire and safety systems, sensors, fuel systems, and polymer seals. Of the EUR 1.9 billion group revenue reported in 2020, 43% is derived from civil aerospace markets, 46% from defense, and 11% from energy markets. The company commands a leading share within many of its product categories and enjoys a high level of sole-source positions on long-term civil and military programs. Activities are evenly split between production of original equipment and aftermarket services.

Meggitt (Meggitt) Headlines

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By Holmes Osborne, CFA Holmes Osborne, CFA • 08-17-2016