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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Steel Dynamics's total current assets for the quarter that ended in Mar. 2024 was $6,597 Mil.
The historical data trend for Steel Dynamics'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.
Steel Dynamics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Current Assets | Get a 7-Day Free Trial | 4,253.03 | 4,258.45 | 6,901.02 | 7,638.02 | 6,787.83 |
Steel Dynamics 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 | 7,562.56 | 7,396.06 | 7,228.60 | 6,787.83 | 6,597.44 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Steel Dynamics'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 |
= | 2122.097 | + | 1608.307 | + | 2894.632 | + | 162.79 | |
= | 6,788 |
Steel Dynamics'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 |
= | 1692.676 | + | 1739.06 | + | 3027.143 | + | 138.557 | |
= | 6,597 |
* 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.
Steel Dynamics (NAS:STLD) 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.
Steel Dynamics'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) |
= | 1692.676 | - | 5978.991 | + | 0.75 * 1739.06 | + | 0.5 * 3027.143 |
= | -1,468 |
* 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.
Thank you for viewing the detailed overview of Steel Dynamics's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Glenn Pushis | officer: Senior Vice President | 4500 COUNTY ROAD 59, BUTLER IN 46721 |
James C Marcuccilli | director | 127 W BERRY ST, FORT WAYNE IN 46802 |
Bradley S Seaman | director | 161 SHAWFORD WAY, LAKE FOREST IL 60045 |
Richard A Poinsatte | officer: Senior Vice President | 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804 |
Jennifer L Hamann | director | 1400 DOUGLAS STREET, OMAHA NE 68130 |
Christopher A Graham | officer: Vice President | 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804 |
Gabriel Shaheen | director | 1540 PARILLA CIRCLE, TRINITY FL 34655 |
Keith E Busse | director | 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804 |
James Stanley Anderson | officer: Senior Vice President | 203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802 |
Luis Manuel Sierra | director | 1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108 |
Miguel Alvarez | officer: Senior Vice President | 7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804 |
Mark D Millett | director, officer: President and CEO | 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804 |
Theresa E Wagler | officer: Executive Vice President & CFO | 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804 |
Russell B Rinn | officer: Executive Vice President | 7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804 |
Kenneth W. Cornew | director | 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603 |
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