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Companhia Siderurgica Nacional (BUE:SID) Total Current Assets : ARS2,437,048 Mil (As of Dec. 2023)


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What is Companhia Siderurgica Nacional Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Companhia Siderurgica Nacional's total current assets for the quarter that ended in Dec. 2023 was ARS2,437,048 Mil.


Companhia Siderurgica Nacional Total Current Assets Historical Data

The historical data trend for Companhia Siderurgica Nacional'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.

Companhia Siderurgica Nacional Total Current Assets Chart

Companhia Siderurgica Nacional Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185,325.17 369,927.96 624,565.95 978,411.94 2,437,048.39

Companhia Siderurgica Nacional 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 978,411.94 1,201,230.13 1,398,506.16 2,247,106.21 2,437,048.39

Companhia Siderurgica Nacional 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.

Companhia Siderurgica Nacional's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Companhia Siderurgica Nacional'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.


Companhia Siderurgica Nacional  (BUE:SID) 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.

Companhia Siderurgica Nacional'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)
=1295175.138-5293277.767+0.75 * 240904.691+0.5 * 704168.672
=-3,465,340

* 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.


Companhia Siderurgica Nacional Total Current Assets Related Terms

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Companhia Siderurgica Nacional (BUE:SID) Business Description

Traded in Other Exchanges
Address
Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. The company operate throughout the entire steel production chain, from the mining of iron ore to the production and sale of a diversified range of steel products. It operates in five segments namely, Steel, Mining, Logistics, Energy, and Cement. It generates maximum revenue from the steel segment. Geographically, it derives a majority of revenue from Asia.