Mighty Kingdom (ASX:MKL) Total Current Assets : A$4.31 Mil (As of Dec. 2024)

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What is Mighty Kingdom Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mighty Kingdom's total current assets for the quarter that ended in Dec. 2024 was A$4.31 Mil.

Mighty Kingdom Total Current Assets Historical Data

The historical data trend for Mighty Kingdom'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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Mighty Kingdom Total Current Assets Chart

Mighty Kingdom Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Current Assets

16.25

8.96

7.71

6.42

Mighty Kingdom Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial				4.97	7.71	3.72	6.42	4.31

Mighty Kingdom 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.

Mighty Kingdom's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.367	+	2.539	+	0	+	0.514
	=	6.42

Mighty Kingdom'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
	=	0.276	+	3.708	+	0	+	0.327
	=	4.31

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.

Mighty Kingdom (ASX:MKL) 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.

Mighty Kingdom'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)
=	0.276	-	3.184	+	0.75 * 3.708	+	0.5 * 0
=	-0.13

Mighty Kingdom Total Current Assets Related Terms

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Mighty Kingdom Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Mighty Kingdom Ltd (ASX:MKL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

169 Fullarton Road, Level 1, Dulwich, SA, AUS, 5065

Website

https://www.mightykingdom.com

Mighty Kingdom Ltd is engaged in the development of games. The Group's principal activities are developing a broad portfolio of video games for console, PC, and mobile platforms. It has worked with companies including Disney, LEGO, Australian Red Cross, Funcom, Rogue, and Snapchat. Some of the games developed by the company include Sugar Slam, Ava's Manor, Wild Life, Heart Lake Rush, Danger Days, and Shopkins. It has its business activities in one area which is video games development. Mobile games and apps developed and/or published by the Group are made available for customers on different app stores, including Apple's App Store, Google's Google Play, and Valve's Steam Store.