GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Higoshipping Co Ltd (BJSE:872351) » Definitions » Total Current Assets

Higoshipping Co (BJSE:872351) Total Current Assets : ¥814 Mil (As of Mar. 2025)


View and export this data going back to 2022. Start your Free Trial

What is Higoshipping Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Higoshipping Co's total current assets for the quarter that ended in Mar. 2025 was ¥814 Mil.


Higoshipping Co Total Current Assets Historical Data

The historical data trend for Higoshipping 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.

* Premium members only.

Higoshipping Co Total Current Assets Chart

Higoshipping Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 358.06 603.47 775.19 833.07 852.33

Higoshipping Co Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 791.89 884.78 863.65 852.33 813.80

Higoshipping 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.

Higoshipping Co's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Higoshipping Co's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

* 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.


Higoshipping Co  (BJSE:872351) 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.

Higoshipping Co's Liquidation Value for the quarter that ended in Mar. 2025 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=232.808-450.906+0.75 * 449.851+0.5 * 13.092
=126

* 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.


Higoshipping Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of Higoshipping Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Higoshipping Co Business Description

Traded in Other Exchanges
N/A
Address
Furong Middle Road, Room 1910, Xinshikong, No. 398, Section 3, Tianxin District, Hunan Province, Changsha City, CHN, 410007
Higoshipping Co Ltd is a logistics enterprise integrating domestic feeder container liner transportation, international shipping agency, international freight forwarder, and third-party logistics. The company's shipping lines mainly include river-sea container shipping from Changsha Port to Shanghai Outer Port, International freight forwarding, river-ocean combined transport container liner transport, and road transport on the feeder line of the Yangtze River.

Higoshipping Co Headlines

No Headlines