Coronation Fund Managers (Coronation Fund Managers) Total Current Assets : $96.3 Mil (As of Sep. 2023)

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What is Coronation Fund Managers Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Coronation Fund Managers's total current assets for the quarter that ended in Sep. 2023 was $96.3 Mil.

Coronation Fund Managers Total Current Assets Historical Data

The historical data trend for Coronation Fund Managers'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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Coronation Fund Managers Total Current Assets Chart

Coronation Fund Managers Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Current Assets

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76.22

74.64

91.08

79.67

96.33

Coronation Fund Managers Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															91.08	65.91	79.67	55.53	96.33

Coronation Fund Managers 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.

Coronation Fund Managers's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	60.161	+	36.171	+	0	+	0
	=	96.3

Coronation Fund Managers's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	60.161	+	36.171	+	0	+	0
	=	96.3

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.

Coronation Fund Managers (GREY:COFUF) 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.

Coronation Fund Managers's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	60.161	-	3335.706	+	0.75 * 36.171	+	0.5 * 0
=	-3,248.4

Coronation Fund Managers Total Current Assets Related Terms

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Coronation Fund Managers (Coronation Fund Managers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coronation Fund Managers Ltd (GREY:COFUF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CML:South Africa N8C:Germany

Address

Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708

Website

https://www.coronation.com

Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

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