OFFTEC Holding Group (AMM:OFTC) Total Current Assets : JOD29.51 Mil (As of Dec. 2024)

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What is OFFTEC Holding Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. OFFTEC Holding Group's total current assets for the quarter that ended in Dec. 2024 was JOD29.51 Mil.

OFFTEC Holding Group Total Current Assets Historical Data

The historical data trend for OFFTEC Holding Group'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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OFFTEC Holding Group Total Current Assets Chart

OFFTEC Holding Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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19.88

20.87

26.41

31.22

29.51

OFFTEC Holding Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															31.22	29.16	29.31	30.49	29.51

OFFTEC Holding Group 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.

OFFTEC Holding Group's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.632	+	14.857	+	6.479	+	4.546
	=	29.51

OFFTEC Holding Group's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.632	+	14.857	+	6.479	+	4.546
	=	29.51

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.

OFFTEC Holding Group (AMM:OFTC) 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.

OFFTEC Holding Group's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.632	-	24.671	+	0.75 * 6.216	+	0.5 * 6.479
=	-13.14

OFFTEC Holding Group Total Current Assets Related Terms

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OFFTEC Holding Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » OFFTEC Holding Group PLC (AMM:OFTC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Third Circle, 12 Queen Misbah Street, P.O. Box: 383, Amman, JOR, 11118

Website

http://www.offtec.com

OFFTEC Holding Group PLC offers business and technological solutions to facilitate business functions such as banknote counting and detection machines, teller safes, check printing systems, office furniture solutions, and other office equipment, among others. The company provides a solution to Banking Technologies, Office Technologies, Software Solutions, Networking, and IT security, Plastic Card Technologies and Physical Security Solutions.

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