ArcelorMittal (ArcelorMittal) Total Current Assets

: $33,240 Mil (As of Dec. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ArcelorMittal's total current assets for the quarter that ended in Dec. 2023 was $33,240 Mil.

ArcelorMittal Total Current Assets Historical Data

The historical data trend for ArcelorMittal'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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ArcelorMittal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

28,616.00

27,973.00

34,939.00

37,118.00

33,240.00

ArcelorMittal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets																37,118.00	35,754.00	34,389.00	33,125.00	33,240.00

ArcelorMittal 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.

ArcelorMittal'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
	=	7686	+	5854	+	18759	+	941
	=	33,240

ArcelorMittal'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
	=	7686	+	5854	+	18759	+	941
	=	33,240

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.

ArcelorMittal (NYSE:MT) 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.

ArcelorMittal'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)
=	7686	-	37849	+	0.75 * 3661	+	0.5 * 18759
=	-18,038

ArcelorMittal Total Current Assets Related Terms

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ArcelorMittal (ArcelorMittal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal SA (NYSE:MT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

AMSYF:USA MT:Netherlands MT:Mexico MTa:UK 0RP9:UK MTS:Spain ARRD:Germany ARMT34:Brazil MT:Austria

Address

24-26, Boulevard d’Avranches, Luxembourg, LUX, L-1160

Website

http://www.arcelormittal.com

ArcelorMittal SA is involved in the steel industry. The company's operating segments include NAFTA; Brazil; Europe; ACIS; Mining and others. It generates maximum revenue from the Europe segment. Europe segment produces hot-rolled coil, cold-rolled coil, coated products, tinplate, plate, and slab. These products are sold primarily to customers in the automotive, general, and packaging sectors as well as also produce long products consisting of sections, wire rods, rebar, billets, blooms and wire drawing, and tubular products. Geographically, it derives a majority of its revenue from Brazil.