Riga Sugar Co (BOM:507508) Total Current Assets: ₹86.50 Mil (As of Sep. 2024)

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BOM:507508 Riga Sugar Co Ltd BOM:507508
4 GF Score
Price ₹5.25
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What is Riga Sugar Co Total Current Assets?

Riga Sugar Co BOM:507508 4 Total Current Assets is ₹86.50 Mil as of Sep. 2024. GuruFocus rates BOM:507508 with a GF Score™ of 4/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Riga Sugar Co's total current assets for the quarter that ended in Sep. 2024 was ₹86.50 Mil.

Riga Sugar Co  (BOM:507508) 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.

Riga Sugar Co's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=78.496-3520.399+0.75 * 0+0.5 * 7.48
=-3,438.16

* 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.

Riga Sugar Co Total Current Assets Related Terms

Riga Sugar Co Total Current Assets Historical Data

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The historical data trend for Riga Sugar 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.

Riga Sugar Co Total Current Assets Chart

Riga Sugar Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 940.61 96.28 124.82 0.00 37.31

Riga Sugar Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun23 Sep23 Mar24 Jun24 Sep24
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 0.00 0.00 37.31 0.00 86.50
BOM:507508
4GF Score
Riga Sugar Co Ltd BOM:507508
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Riga Sugar 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.

Riga Sugar Co's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=29.37+0+7.48+0.463
=37.31

Riga Sugar Co's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=78.496+0+7.48+0.51900000000001
=86.50

* 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 ₹86.50 Mil mean?
Riga Sugar Co (BOM:507508) has a Total Current Assets of ₹86.50 Mil as of Sep. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Riga Sugar Co and its competitors.
Is Riga Sugar Co's Total Current Assets too high?
Riga Sugar Co's current Total Current Assets is ₹86.50 Mil. Overall, Riga Sugar Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Riga Sugar Co's Total Current Assets compare to MDLZ and HSY?
Riga Sugar Co's Total Current Assets of ₹86.50 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Current Assets depends on the Consumer Packaged Goods 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 Riga Sugar Co and its competitors. Riga Sugar Co's current Total Current Assets is ₹86.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riga Sugar Co stock overvalued right now?
Riga Sugar Co (BOM:507508) has a current Total Current Assets of ₹86.50 Mil. The current Total Current Assets is ₹86.50 Mil. Riga Sugar Co's 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 Riga Sugar Co (BOM:507508), the current Total Current Assets is ₹86.50 Mil as of Sep. 2024. 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.

Riga Sugar Co Business Description

Address 14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.
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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.25
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