Ascensive Educare (BOM:543443) Total Current Assets : ₹175.9 Mil (As of Mar. 2023)

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

What is Ascensive Educare Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ascensive Educare's total current assets for the quarter that ended in Mar. 2023 was ₹175.9 Mil.

Ascensive Educare Total Current Assets Historical Data

The historical data trend for Ascensive Educare'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.

Ascensive Educare Total Current Assets Chart

Ascensive Educare Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

Get a 7-Day Free Trial

82.88

101.78

158.66

175.88

198.51

Ascensive Educare Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Total Current Assets	Get a 7-Day Free Trial			-	158.66	145.25	175.88	198.51

Ascensive Educare 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.

Ascensive Educare'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
	=	14.957	+	177.082	+	0	+	6.469
	=	198.5

Ascensive Educare's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.826	+	161.508	+	0	+	7.541
	=	175.9

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.

Ascensive Educare (BOM:543443) 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.

Ascensive Educare's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.826	-	120.124	+	0.75 * 152.429	+	0.5 * 0
=	1.0

Ascensive Educare Total Current Assets Related Terms

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

Ascensive Educare (BOM:543443) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ascensive Educare Ltd (BOM:543443) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

BF-32, 2nd Floor, Sector- I, Salt Lake City, Bidhannagar, Kolkata, WB, IND, 700064

Website

https://www.ascensiveeducare.com

Ascensive Educare Ltd is a responsive and innovative skill development company in Kolkata offering vocational training, and educational consulting in collaboration with Central and State Governments. The Company is exclusively engaged in the business of providing skill development training services.

Ascensive Educare (BOM:543443) Headlines

No Headlines