Amad Investment and Real Estate Development Co (AMM:AMAD) Total Current Assets : JOD7.40 Mil (As of Dec. 2023)

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What is Amad Investment and Real Estate Development Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Amad Investment and Real Estate Development Co's total current assets for the quarter that ended in Dec. 2023 was JOD7.40 Mil.

Amad Investment and Real Estate Development Co Total Current Assets Historical Data

The historical data trend for Amad Investment and Real Estate Development Co'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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Amad Investment and Real Estate Development Co Total Current Assets Chart

Amad Investment and Real Estate Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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8.97

8.86

7.41

7.94

7.40

Amad Investment and Real Estate Development Co Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Total Current Assets	Get a 7-Day Free Trial										8.97	8.86	7.41	7.94	7.40

Amad Investment and Real Estate Development Co 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.

Amad Investment and Real Estate Development Co'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
	=	1.066	+	0.119	+	2.965	+	3.248
	=	7.40

Amad Investment and Real Estate Development Co'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
	=	1.066	+	0.119	+	2.965	+	3.248
	=	7.40

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.

Amad Investment and Real Estate Development Co (AMM:AMAD) 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.

Amad Investment and Real Estate Development Co'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)
=	1.066	-	0.181	+	0.75 * 0.119	+	0.5 * 2.965
=	2.46

Amad Investment and Real Estate Development Co Total Current Assets Related Terms

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Amad Investment and Real Estate Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Amad Investment and Real Estate Development Co (AMM:AMAD) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

Al-Abullah Street, P.O. Box 926179, Building No. 82, Amman-Queen Rania, Amman, JOR

Website

Amad Investment and Real Estate Development Co is a Jordan based company specialized in the purchase and subdivision of lands; establishment and sale of residential projects, and investment in land and properties. It is also involved in the investment and construction of industrial, agricultural, and holiday resort projects, and trades in construction materials. Its completed project includes the Alnaseem project.

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