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DRA Global (ASX:DRA) Total Current Assets : A$368.4 Mil (As of Jun. 2024)


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What is DRA Global Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. DRA Global's total current assets for the quarter that ended in Jun. 2024 was A$368.4 Mil.

DRA Global Total Current Assets Historical Data

The historical data trend for DRA Global'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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DRA Global Total Current Assets Chart

DRA Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
341.80 393.57 365.03 363.49

DRA Global Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial 343.72 365.03 372.01 363.49 368.43

DRA Global 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.

DRA Global'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
=180.726+129.629+2.895+50.241
=363.5

DRA Global's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=150.704+172.588+3.064+42.074
=368.4

* 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.

DRA Global  (ASX:DRA) 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.

DRA Global's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=150.704-288.258+0.75 * 172.588+0.5 * 3.064
=-6.6

* 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.

DRA Global Total Current Assets Related Terms

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DRA Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » DRA Global Ltd (ASX:DRA) » Definitions » Total Current Assets
Comparable Companies
ASX:BSA ASX:RDG ASX:MCE ASX:SND ASX:VBC ASX:SOP ASX:VRS ASX:EVZ ASX:WSI ASX:CDD XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J SHSE:601186
Traded in Other Exchanges
N/A
Address
256 Adelaide Terrace, Level 8, Perth, WA, AUS, 6000
Website
https://www.draglobal.com
DRA Global Ltd is a diversified global engineering, project delivery, and operations management group. It provides engineering excellence through all stages of the project life cycle from concept through delivery, commissioning, operations, and rehabilitation. DRA has expertise in mining, minerals and metals processing, and related non-process infrastructure, including ESG, water, and energy solutions for the mining industry. Some of its projects are Elikhulu Gold, Yangibana Rare Earths Project, and Northam Platinum among others. The company has three segments Europe, Middle East, and Africa (EMEA), including SENET and Water entities, Australia and Asia Pacific (APAC), and North and South America (AMER).

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