NowVertical Group (FRA:5XQ) Total Current Assets : €20.27 Mil (As of Mar. 2024)

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What is NowVertical Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NowVertical Group's total current assets for the quarter that ended in Mar. 2024 was €20.27 Mil.

NowVertical Group Total Current Assets Historical Data

The historical data trend for NowVertical 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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NowVertical Group Total Current Assets Chart

NowVertical Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Current Assets

1.07

9.02

13.92

13.74

NowVertical Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial								13.92	21.42	20.34	13.74	20.27

NowVertical 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.

NowVertical Group'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
	=	2.882	+	10.243	+	0	+	0.611
	=	13.74

NowVertical Group's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.346	+	9.744	+	0	+	8.183
	=	20.27

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.

NowVertical Group (FRA:5XQ) 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.

NowVertical Group's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.346	-	45.141	+	0.75 * 6.235	+	0.5 * 0
=	-38.12

NowVertical Group Total Current Assets Related Terms

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NowVertical Group (FRA:5XQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NowVertical Group Inc (FRA:5XQ) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NOWVF:USA NOW:Canada

Address

7750 Okeechobee boulevard, Suite 4-2024, West Palm Beach, FL, USA, 33411

Website

https://www.nowvertical.com

NowVertical Group Inc is a company specializing in accretive data analytics software and services. It is a global data software and services company that helps businesses by helping its clients understand, manage and utilize their data. It has the following operating segments: Technology and Solutions. The company earns the majority of the revenue from the Solutions segment.

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