Tuga Innovations (FRA:DQ5) Total Current Assets : €0.02 Mil (As of Jan. 2025)

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What is Tuga Innovations Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tuga Innovations's total current assets for the quarter that ended in Jan. 2025 was €0.02 Mil.

Tuga Innovations Total Current Assets Historical Data

The historical data trend for Tuga Innovations'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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Tuga Innovations Total Current Assets Chart

Tuga Innovations Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Total Current Assets

0.32

0.72

0.09

0.02

Tuga Innovations Quarterly Data
	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Total Current Assets	Get a 7-Day Free Trial											0.39	0.03	0.02	0.01	0.02

Tuga Innovations 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.

Tuga Innovations's Total Current Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.007	+	0.013	+	0	+	0
	=	0.02

Tuga Innovations's Total Current Assets for the quarter that ended in Jan. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0.013	+	0	+	0.001
	=	0.02

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.

Tuga Innovations (FRA:DQ5) 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.

Tuga Innovations's Liquidation Value for the quarter that ended in Jan. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.001	-	1.125	+	0.75 * 0.013	+	0.5 * 0
=	-1.11

Tuga Innovations Total Current Assets Related Terms

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Tuga Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuga Innovations Inc (FRA:DQ5) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

TUGAF:USA DQ5:Germany TUGA:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.tugainnovations.com

Tuga Innovations Inc is a development-stage electric vehicle company involved in the conception, design, and production of specialized EVs to improve the urban mobility experience. It is engaged in the reduction of urban mobility difficulties by developing a three-wheeled, fully electric fore-and-aft 2-seat vehicle.

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