Close The Loop (FRA:GI5) Total Current Assets : €63.3 Mil (As of Dec. 2024)

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What is Close The Loop Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Close The Loop's total current assets for the quarter that ended in Dec. 2024 was €63.3 Mil.

Close The Loop Total Current Assets Historical Data

The historical data trend for Close The Loop'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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Close The Loop Total Current Assets Chart

Close The Loop Annual Data

Trend

Jun22

Jun23

Jun24

Total Current Assets

26.61

59.86

61.54

Close The Loop Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			32.84	59.86	66.88	61.54	63.28

Close The Loop 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.

Close The Loop's Total Current Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	25.072	+	22.242	+	12.304	+	1.922
	=	61.5

Close The Loop's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.859	+	18.704	+	18.692	+	3.024
	=	63.3

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.

Close The Loop (FRA:GI5) 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.

Close The Loop's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.859	-	96.151	+	0.75 * 18.704	+	0.5 * 18.692
=	-49.9

Close The Loop Total Current Assets Related Terms

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Close The Loop Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Close The Loop Ltd (FRA:GI5) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

CLG:Australia

Address

43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167

Website

https://www.ctlgroup.com.au

Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

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