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Leo Palace21 (STU:MQI) Total Current Assets : €458 Mil (As of Dec. 2023)


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What is Leo Palace21 Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Leo Palace21's total current assets for the quarter that ended in Dec. 2023 was €458 Mil.

Leo Palace21 Total Current Assets Historical Data

The historical data trend for Leo Palace21'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.

Leo Palace21 Total Current Assets Chart

Leo Palace21 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 881.92 742.24 561.02 460.68 466.44

Leo Palace21 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 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 429.98 466.44 457.71 455.99 458.16

Leo Palace21 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.

Leo Palace21's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=374.259+64.727+8.434+19.02
=466

Leo Palace21'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
=384.419+46.869+2.223+24.653
=458

* 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.

Leo Palace21  (STU:MQI) 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.

Leo Palace21'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)
=384.419-795.249+0.75 * 46.869+0.5 * 2.223
=-375

* 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.

Leo Palace21 Total Current Assets Related Terms

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Leo Palace21 (STU:MQI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Leo Palace21 Corp (STU:MQI) » Definitions » Total Current Assets
Comparable Companies
TSE:1766 TSE:8890 TSE:3479 TSE:8934 TSE:8818 TSE:3465 TSE:4781 TSE:2337 TSE:8841 TSE:9661 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
8848:Japan MQI:Germany
Address
2-54-11 Honcho, Nakano-ku, Tokyo, JPN, 164-8622
Website
http://www.leopalace21.co.jp
Leo Palace21 Corp has two core businesses: Construction, which builds apartment buildings, and Leasing, which rents and manages units in the apartments that the company builds. Upon completion, Leo Palace21 typically sells buildings to investors and then pays them a fixed rental amount for all the units in the building, whether occupied or not. LeoPalace21 then rents, manages, and maintains the units and keeps all rent from tenants as its own revenue. The company also has an Elderly Care business, which runs nursing facilities, and a Hotel & Resort business. The vast majority of LeoPalace21's revenue comes from the Leasing segment, and more than 90% of the company's revenue is generated in Japan.

Leo Palace21 (STU:MQI) Headlines

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