Raffles Financial Group (FRA:4VO) Total Current Assets : €26.57 Mil (As of Mar. 2021)

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What is Raffles Financial Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Raffles Financial Group's total current assets for the quarter that ended in Mar. 2021 was €26.57 Mil.

Raffles Financial Group Total Current Assets Historical Data

The historical data trend for Raffles Financial Group'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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Raffles Financial Group Total Current Assets Chart

Raffles Financial Group Annual Data

Trend

Jun19

Total Current Assets

6.52

Raffles Financial Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Total Current Assets	Get a 7-Day Free Trial					4.45	22.13	22.36	21.63	26.57

Raffles Financial Group 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.

Raffles Financial Group's Total Current Assets for the fiscal year that ended in Jun. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.366	+	5.154	+	0	+	0.0010000000000003
	=	6.52

Raffles Financial Group's Total Current Assets for the quarter that ended in Mar. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	26.239	+	0.282	+	0	+	0.048999999999999
	=	26.57

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.

Raffles Financial Group (FRA:4VO) 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.

Raffles Financial Group's Liquidation Value for the quarter that ended in Mar. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	26.239	-	4.145	+	0.75 * 0	+	0.5 * 0
=	22.09

Raffles Financial Group Total Current Assets Related Terms

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Raffles Financial Group (FRA:4VO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Raffles Financial Group Ltd (FRA:4VO) » Definitions » Total Current Assets

Comparable Companies

BOM:523736 LSE:AGFX BOM:511605 TSE:7185 TSX:FXC TSX:XAU TSE:8614 BOM:543263 XKRX:001290 XPRA:SABFG

Traded in Other Exchanges

N/A

Address

3 Shenton Way, No. 11-1H Shenton House, Singapore, SGP, 068805

Website

https://www.rafflesfinancial.co

Raffles Financial Group Ltd is engaged in providing financial advisory services. The company serves as an advisor for family trusts, family offices, and investment funds. The company provides corporate finance guidance and public listing advisory for Asian companies planning for IPO on stock exchanges like Australia, Canada, Germany, Hong Kong, Singapore, and the United States. It also guides companies for capital structure across debt, hybrid, derivative and equity-linked products.

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