GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Emirates Reem Investments Co PJSC (DFM:ERC) » Definitions » Total Current Assets

Emirates Reem Investments Co PJSC (DFM:ERC) Total Current Assets : د.إ346.8 Mil (As of Dec. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Emirates Reem Investments Co PJSC Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Emirates Reem Investments Co PJSC's total current assets for the quarter that ended in Dec. 2024 was د.إ346.8 Mil.

Emirates Reem Investments Co PJSC Total Current Assets Historical Data

The historical data trend for Emirates Reem Investments Co PJSC'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.

Emirates Reem Investments Co PJSC Total Current Assets Chart

Emirates Reem Investments Co PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.84 45.46 337.18 317.10 346.75

Emirates Reem Investments Co PJSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 317.10 311.47 317.13 339.05 346.75

Emirates Reem Investments Co PJSC 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.

Emirates Reem Investments Co PJSC's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=228.656+96.504+13.282+8.309
=346.8

Emirates Reem Investments Co PJSC's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=228.656+96.504+13.282+8.309
=346.8

* 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.

Emirates Reem Investments Co PJSC  (DFM:ERC) 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.

Emirates Reem Investments Co PJSC's Liquidation Value for the quarter that ended in Dec. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=228.656-63.597+0.75 * 30.518+0.5 * 13.282
=194.6

* 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.

Emirates Reem Investments Co PJSC Total Current Assets Related Terms

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

Emirates Reem Investments Co PJSC Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Emirates Reem Investments Co PJSC (DFM:ERC) » Definitions » Total Current Assets
Comparable Companies
DFM:DRC KO PEP MNST HKSE:09633 KDP LSE:CCEP HKSE:02097 COCSF NSE:VBL LSE:CCH MEX:AC PRMB COKE TSE:2587 CELH TSE:2267 HKSE:00220 HKSE:02460 SHSE:603156
Traded in Other Exchanges
N/A
Address
Al Asayel Street, P.O. Box 5567, Al Quoz Industrial Area-4, Dubai, ARE
Website
https://www.erc.ae
Emirates Reem Investments Co PJSC Formerly Emirates Refreshments Co is engaged in bottling and selling mineral water and carbonated soft drinks as well as manufacturing plastic bottles and containers. The Group has three reportable segments, the Corporate segment, which involves the investing activities of the Group, the Land and building leasing segment which involves the segment of leasing investment property warehouses; and the Operations segment, which involves the segment of bottling, distribution and trading of mineral water, and evaporated milk. It markets and sells its products under the Jeema brand name.