Robinhood Markets (FRA:7KY) Total Current Assets : €41,901 Mil (As of Mar. 2024)

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What is Robinhood Markets Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Robinhood Markets's total current assets for the quarter that ended in Mar. 2024 was €41,901 Mil.

Robinhood Markets Total Current Assets Historical Data

The historical data trend for Robinhood Markets'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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Robinhood Markets Total Current Assets Chart

Robinhood Markets Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

3,488.50

8,937.26

17,065.46

21,633.65

29,151.43

Robinhood Markets Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial													25,393.59	25,941.84	24,117.44	29,151.43	41,901.40

Robinhood Markets 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.

Robinhood Markets'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
	=	7741.314	+	3286.528	+	0	+	18123.588
	=	29,151

Robinhood Markets'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
	=	8550.48	+	4149.2	+	0	+	29201.72
	=	41,901

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.

Robinhood Markets (FRA:7KY) 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.

Robinhood Markets'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)
=	8550.48	-	36066.76	+	0.75 * 4149.2	+	0.5 * 0
=	-24,404

Robinhood Markets Total Current Assets Related Terms

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Robinhood Markets (FRA:7KY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Robinhood Markets Inc (FRA:7KY) » Definitions » Total Current Assets

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Traded in Other Exchanges

HOOD:USA HOOD:Mexico

Address

85 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.robinhood.com

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

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