Nippon Life India Asset Management (NSE:NAM-INDIA) Total Current Assets : ₹4,264 Mil (As of Mar. 2024)

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What is Nippon Life India Asset Management Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nippon Life India Asset Management's total current assets for the quarter that ended in Mar. 2024 was ₹4,264 Mil.

Nippon Life India Asset Management Total Current Assets Historical Data

The historical data trend for Nippon Life India Asset Management'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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Nippon Life India Asset Management Total Current Assets Chart

Nippon Life India Asset Management Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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6,457.40

27,588.20

5,494.60

5,228.80

4,264.10

Nippon Life India Asset Management Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															5,228.80	-	4,164.90	-	4,264.10

Nippon Life India Asset Management 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.

Nippon Life India Asset Management's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2705.5	+	1303.6	+	0	+	255
	=	4,264

Nippon Life India Asset Management's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2705.5	+	1303.6	+	0	+	255
	=	4,264

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.

Nippon Life India Asset Management (NSE:NAM-INDIA) 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.

Nippon Life India Asset Management's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2705.5	-	3928.6	+	0.75 * 1303.3	+	0.5 * 0
=	-246

Nippon Life India Asset Management Total Current Assets Related Terms

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Nippon Life India Asset Management (NSE:NAM-INDIA) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nippon Life India Asset Management Ltd (NSE:NAM-INDIA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

540767:India

Address

Ganapatrao Kadam Marg, 4th Floor, Tower A, Peninsula Business Park, Lower Parel (W), Mumbai, MH, IND, 400013

Website

https://mf.nipponindiaim.com

Nippon Life India Asset Management Ltd is an asset management company managing equity and fixed-income mutual funds. It engages in managing mutual funds including exchange-traded funds (ETFs); managed accounts, including portfolio management services, alternative investment funds, and pension funds; and offshore funds and advisory mandates. The group mainly focuses on equity funds, debt funds, gold funds, liquid funds, ETFs, retirement funds, and others.

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