Electro Aco Altona (BSP:EALT3) Total Current Assets : R$219.7 Mil (As of Dec. 2023)

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What is Electro Aco Altona Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Electro Aco Altona's total current assets for the quarter that ended in Dec. 2023 was R$219.7 Mil.

Electro Aco Altona Total Current Assets Historical Data

The historical data trend for Electro Aco Altona'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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Electro Aco Altona Total Current Assets Chart

Electro Aco Altona Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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128.98

164.71

207.72

180.71

219.74

Electro Aco Altona 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															180.71	185.04	187.61	205.74	219.74

Electro Aco Altona 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.

Electro Aco Altona'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
	=	15.09	+	100.506	+	81.374	+	22.772
	=	219.7

Electro Aco Altona's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	15.09	+	100.506	+	81.374	+	22.772
	=	219.7

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.

Electro Aco Altona (BSP:EALT3) 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.

Electro Aco Altona'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)
=	15.09	-	317.148	+	0.75 * 99.071	+	0.5 * 81.374
=	-187.1

Electro Aco Altona Total Current Assets Related Terms

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Electro Aco Altona (BSP:EALT3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Electro Aco Altona SA (BSP:EALT3) » Definitions » Total Current Assets

Comparable Companies

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EALT4:Brazil

Address

Engenheiro Paulo Werner Street, 925, Blumenau, SC, BRA, 89030900

Website

http://www.altona.com.br

Electro Aco Altona SA manufactures steel based machinery & equipment. Its product portfolio comprises of carbon steel, high & low alloy steel, manganese steel & heat resistant steel castings. It caters to industries like earthmoving & mining.The company divides its business into two sectors: Repetitive and Custom. The Repetitive sector is responsible for series production of items for self-propelled equipment assemblers, including customers active in the segment of construction and mining machinery. The Custom sector produces customized parts and assemblies.

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