Minerals Technologies (FRA:MNK) Total Current Assets : €1,013 Mil (As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Minerals Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Minerals Technologies's total current assets for the quarter that ended in Mar. 2024 was €1,013 Mil.

Minerals Technologies Total Current Assets Historical Data

The historical data trend for Minerals Technologies'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.

* Premium members only.

Minerals Technologies Total Current Assets Chart

Minerals Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

827.28

849.62

910.22

1,010.55

1,007.78

Minerals Technologies Quarterly Data
	Jun19	Sep19	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															1,041.32	996.66	1,025.27	1,007.78	1,013.20

Minerals Technologies 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.

Minerals Technologies'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
	=	294.815	+	365.975	+	298.392	+	48.601
	=	1,008

Minerals Technologies'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
	=	294.492	+	364.596	+	299.92	+	54.188
	=	1,013

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.

Minerals Technologies (FRA:MNK) 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.

Minerals Technologies'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)
=	294.492	-	1511.744	+	0.75 * 364.596	+	0.5 * 299.92
=	-794

Minerals Technologies Total Current Assets Related Terms

Thank you for viewing the detailed overview of Minerals Technologies's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Minerals Technologies (FRA:MNK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MTX:USA MNK:Germany

Address

622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707

Website

https://www.mineralstech.com

Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

Minerals Technologies (FRA:MNK) Headlines

No Headlines