Ashoka Metcast (NSE:ASHOKAMET) Other Current Assets: ₹480.4 Mil (As of Mar. 2026)

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NSE:ASHOKAMET Ashoka Metcast Ltd NSE:ASHOKAMET
74 GF Score
Price ₹14.48
GF Value ₹16.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ashoka Metcast Other Current Assets?

Ashoka Metcast NSE:ASHOKAMET +0.49% 74 Other Current Assets is ₹480.4 Mil as of Mar. 2026. GuruFocus rates NSE:ASHOKAMET with a GF Score™ of 74/100 and a GF Value™ of ₹16.11 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ashoka Metcast's other current assets for the quarter that ended in Mar. 2026 was ₹480.4 Mil.

Ashoka Metcast's quarterly other current assets declined from Sep. 2025 (₹319.3 Mil) to Dec. 2025 (₹0.0 Mil) but then increased from Dec. 2025 (₹0.0 Mil) to Mar. 2026 (₹480.4Mil).

Ashoka Metcast's annual other current assets declined from Mar. 2024 (₹338.3 Mil) to Mar. 2025 (₹318.7 Mil) increased from Mar. 2025 (₹318.7 Mil) to Mar. 2026 (₹480.4 Mil).


Ashoka Metcast Other Current Assets Related Terms


Ashoka Metcast Other Current Assets Historical Data

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The historical data trend for Ashoka Metcast's Other 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.

Ashoka Metcast Other Current Assets Chart

Ashoka Metcast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Other Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.02 411.27 338.26 318.69 480.44

Ashoka Metcast Quarterly Data
Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other 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 318.69 0.00 319.33 0.00 480.44
NSE:ASHOKAMET
74GF Score
Ashoka Metcast Ltd NSE:ASHOKAMET
Other Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashoka Metcast Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.

Frequently Asked Questions Learn more about Other Current Assets →
What does a Other Current Assets of ₹480.4 Mil mean?
Ashoka Metcast (NSE:ASHOKAMET) has a Other Current Assets of ₹480.4 Mil as of Mar. 2026. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Ashoka Metcast.
Is Ashoka Metcast's Other Current Assets too high?
Ashoka Metcast's current Other Current Assets is ₹480.4 Mil. Overall, Ashoka Metcast has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Metcast's Other Current Assets compare to NUE and STLD?
Ashoka Metcast's Other Current Assets of ₹480.4 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Assets for a Steel company?
A good Other Current Assets depends on the Steel industry context. However, Other Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Assets mean?
A high Other Current Assets can signal that a stock is expensive relative to its fundamentals. Other current assets as record on a company's balance sheet not categorized as standard assets. View historical data on Ashoka Metcast. Ashoka Metcast's current Other Current Assets is ₹480.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Metcast stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Metcast (NSE:ASHOKAMET) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹16.11, compared to a current price of ₹14.48 — trading 10.1% below its estimated fair value. The current Other Current Assets is ₹480.4 Mil. Ashoka Metcast's overall GF Score™ is 74/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Assets calculated?
Other Current Assets is calculated from a company's financial statements. For Ashoka Metcast (NSE:ASHOKAMET), the current Other Current Assets is ₹480.4 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ashoka Metcast (NSE:ASHOKAMET) Overvalued in 2026?

Based on GuruFocus' analysis, Ashoka Metcast stock appears to be undervalued. The current stock price of ₹14.48 is trading 10.1% below its estimated GF Value™ of ₹16.11. GuruFocus considers Ashoka Metcast to be Modestly Undervalued.

Key valuation signals for NSE:ASHOKAMET:

  • Other Current Assets: ₹480.4 Mil
  • GF Value™: ₹16.11 vs. price of ₹14.48 (10.1% below fair value)
  • GF Score™: 74/100 with 4 warning signs

No single metric tells the full story. See the NSE:ASHOKAMET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashoka Metcast Business Description

Other Exchanges 540923:India
Address Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.
74GF Score

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Other Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹14.48
Price
₹16.11
GF Value