Qev NV (FRA:7IO) Total Current Assets: €2.13 Mil (As of Dec. 2022)


FRA:7IO Qev NV FRA:7IO
19 GF Score
Price €0.38
View Full Analysis

What is Qev NV Total Current Assets?

Qev NV FRA:7IO 19 Total Current Assets is €2.13 Mil as of Dec. 2022. GuruFocus rates FRA:7IO with a GF Score™ of 19/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Qev NV's total current assets for the quarter that ended in Dec. 2022 was €2.13 Mil.

Qev NV  (FRA:7IO) 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.

Qev NV's Liquidation Value for the quarter that ended in Dec. 2022 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.119-186.232+0.75 * 0+0.5 * 0
=-184.11

* 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.

Qev NV Total Current Assets Related Terms

Qev NV Total Current Assets Historical Data

* Premium members only.

The historical data trend for Qev NV'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.

Qev NV Total Current Assets Chart

Qev NV Annual Data
Trend Dec21 Dec22
Total Current Assets
6.87 2.13

Qev NV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Total Current Assets 0.00 6.87 3.64 2.13
FRA:7IO
19GF Score
Qev NV FRA:7IO
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Qev NV 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.

Qev NV's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.119+0+0+0.013
=2.13

Qev NV's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=2.119+0+0+0.013
=2.13

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of €2.13 Mil mean?
Qev NV (FRA:7IO) has a Total Current Assets of €2.13 Mil as of Dec. 2022. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Qev NV and its competitors.
Is Qev NV's Total Current Assets too high?
Qev NV's current Total Current Assets is €2.13 Mil. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's Total Current Assets compare to TSLA and STLA?
Qev NV's Total Current Assets of €2.13 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Vehicles & Parts company?
A good Total Current Assets depends on the Vehicles & Parts industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Qev NV and its competitors. Qev NV's current Total Current Assets is €2.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current Total Current Assets of €2.13 Mil. The current Total Current Assets is €2.13 Mil. Qev NV's overall GF Score™ is 19/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Qev NV (FRA:7IO), the current Total Current Assets is €2.13 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Qev NV Business Description

Address Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score

Get the complete analysis for FRA:7IO

Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.38
Price