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Trade Estates Real Estate Investment Co (ATH:TRESTATES) Total Current Assets : €34.51 Mil (As of Jun. 2024)


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What is Trade Estates Real Estate Investment Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Trade Estates Real Estate Investment Co's total current assets for the quarter that ended in Jun. 2024 was €34.51 Mil.

Trade Estates Real Estate Investment Co Total Current Assets Historical Data

The historical data trend for Trade Estates Real Estate Investment 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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Trade Estates Real Estate Investment Co Total Current Assets Chart

Trade Estates Real Estate Investment Co Annual Data
Trend Dec21 Dec22 Dec23
Total Current Assets
12.12 19.96 33.16

Trade Estates Real Estate Investment Co Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets - 19.96 30.47 33.16 34.51

Trade Estates Real Estate Investment 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.

Trade Estates Real Estate Investment 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
=24.331+4.92+0+3.908
=33.16

Trade Estates Real Estate Investment Co'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
=25.813+2.396+0+6.3
=34.51

* 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.

Trade Estates Real Estate Investment Co  (ATH:TRESTATES) 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.

Trade Estates Real Estate Investment Co'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)
=25.813-253.533+0.75 * 2.396+0.5 * 0
=-225.92

* 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.

Trade Estates Real Estate Investment Co Total Current Assets Related Terms

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Trade Estates Real Estate Investment Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Trade Estates Real Estate Investment Co (ATH:TRESTATES) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
3 Ch. Sabag - S, Khouri, Marousi, Athens, GRC, 15125
Website
https://www.trade-estates.com
Trade Estates Real Estate Investment Co is engaged in acquisition and management of real estate property, the right to purchase property by preliminary agreement and in general the carrying out investments. It operates in real estate investments both in Greece and abroad, such as in Cyprus and Bulgaria.

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