Ankit Metal & Power (BOM:532870) Total Current Assets: ₹0 Mil (As of Dec. 2023)

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BOM:532870 Ankit Metal & Power Ltd BOM:532870
4 GF Score
Price ₹1.52
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What is Ankit Metal & Power Total Current Assets?

Ankit Metal & Power BOM:532870 +4.83% 4 Total Current Assets is ₹0 Mil as of Dec. 2023. GuruFocus rates BOM:532870 with a GF Score™ of 4/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ankit Metal & Power's total current assets for the quarter that ended in Dec. 2023 was ₹0 Mil.


Ankit Metal & Power  (BOM:532870) 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.

Ankit Metal & Power'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)
=0-0+0.75 * 0+0.5 * 0
=0

* 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.


Ankit Metal & Power Total Current Assets Related Terms


Ankit Metal & Power Total Current Assets Historical Data

* Premium members only.

The historical data trend for Ankit Metal & Power'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.

Ankit Metal & Power Total Current Assets Chart

Ankit Metal & Power Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,269.75 7,244.50 7,115.29 7,273.30 7,189.48

Ankit Metal & Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.00 7,189.48 0.00 7,215.47 0.00
BOM:532870
4GF Score
Ankit Metal & Power Ltd BOM:532870
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ankit Metal & Power 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.

Ankit Metal & Power's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Ankit Metal & Power's Total Current Assets for the quarter that ended in Dec. 2023 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of ₹0 Mil mean?
Ankit Metal & Power (BOM:532870) has a Total Current Assets of ₹0 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 Ankit Metal & Power and its competitors.
Is Ankit Metal & Power's Total Current Assets too high?
Ankit Metal & Power's current Total Current Assets is ₹0 Mil. Overall, Ankit Metal & Power has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ankit Metal & Power's Total Current Assets compare to NUE and STLD?
Ankit Metal & Power's Total Current Assets of ₹0 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Current Assets depends on the Steel 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 Ankit Metal & Power and its competitors. Ankit Metal & Power's current Total Current Assets is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ankit Metal & Power stock overvalued right now?
Ankit Metal & Power (BOM:532870) has a current Total Current Assets of ₹0 Mil. The current Total Current Assets is ₹0 Mil. Ankit Metal & Power'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 Ankit Metal & Power (BOM:532870), the current Total Current Assets is ₹0 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.

Ankit Metal & Power Business Description

Address 132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.
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Get the complete analysis for BOM:532870

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

₹1.52
Price