Regional Express Holdings (ASX:REX) Total Current Assets: A$123.6 Mil (As of Dec. 2023)


ASX:REX Regional Express Holdings Ltd ASX:REX
4 GF Score
Price A$0.57
View Full Analysis

What is Regional Express Holdings Total Current Assets?

Regional Express Holdings ASX:REX 4 Total Current Assets is A$123.6 Mil as of Dec. 2023. GuruFocus rates ASX:REX with a GF Score™ of 4/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Regional Express Holdings's total current assets for the quarter that ended in Dec. 2023 was A$123.6 Mil.

Regional Express Holdings  (ASX:REX) 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.

Regional Express Holdings'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)
=79.497-580.776+0.75 * 40.201+0.5 * 3.892
=-469.2

* 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.

Regional Express Holdings Total Current Assets Related Terms

Regional Express Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for Regional Express Holdings'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.

Regional Express Holdings Total Current Assets Chart

Regional Express Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.20 38.00 76.20 103.46 113.65

Regional Express Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total 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 96.77 103.46 120.12 113.65 123.59
ASX:REX
4GF Score
Regional Express Holdings Ltd ASX:REX
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Regional Express Holdings 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.

Regional Express Holdings's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=58.39+30.525+24.73+0
=113.6

Regional Express Holdings'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
=79.497+40.201+3.892+0
=123.6

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of A$123.6 Mil mean?
Regional Express Holdings (ASX:REX) has a Total Current Assets of A$123.6 Mil as of Dec. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Regional Express Holdings and its competitors.
Is Regional Express Holdings' Total Current Assets too high?
Regional Express Holdings' current Total Current Assets is A$123.6 Mil. Overall, Regional Express Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Regional Express Holdings' Total Current Assets compare to DAL and LUV?
Regional Express Holdings' Total Current Assets of A$123.6 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Transportation company?
A good Total Current Assets depends on the Transportation industry context. However, Total 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 Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Regional Express Holdings and its competitors. Regional Express Holdings's current Total Current Assets is A$123.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Regional Express Holdings stock overvalued right now?
Regional Express Holdings (ASX:REX) has a current Total Current Assets of A$123.6 Mil. The current Total Current Assets is A$123.6 Mil. Regional Express Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Regional Express Holdings (ASX:REX), the current Total Current Assets is A$123.6 Mil as of Dec. 2023. 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.

Regional Express Holdings Business Description

Address 81-83 Baxter Road, Mascot, Sydney, NSW, AUS, 2020
Regional Express Holdings Ltd is an Australian-based airline company. The company is engaged in the provision of air services for the transportation of passengers and freight. Its operating segment includes Regular public transport, Charter and other, and Training. The company generates maximum revenue from the Regular public transport segment. Some of its services include Web Check-in; Print Invoices; Safe Hand Baggage; Travel Insurance and others.
4GF Score

Get the complete analysis for ASX:REX

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

A$0.57
Price