Acerinox (HAM:ACE1) Total Current Assets: €3,299 Mil (As of Mar. 2026)


HAM:ACE1 Acerinox SA HAM:ACE1
75 GF Score
Price €15.50
GF Value €10.29
! 8 Warning Signs
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What is Acerinox Total Current Assets?

Acerinox HAM:ACE1 -1.65% 75 Total Current Assets is €3,299 Mil as of Mar. 2026. GuruFocus rates HAM:ACE1 with a GF Score™ of 75/100 and a GF Value™ of €10.29. The stock has 8 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Acerinox's total current assets for the quarter that ended in Mar. 2026 was €3,299 Mil.

Acerinox  (HAM:ACE1) 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.

Acerinox's Liquidation Value for the quarter that ended in Mar. 2026 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=889-3595+0.75 * 552+0.5 * 1777
=-1,404

* 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.

Acerinox Total Current Assets Related Terms

Acerinox Total Current Assets Historical Data

* Premium members only.

The historical data trend for Acerinox'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.

Acerinox Total Current Assets Chart

Acerinox Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,916.80 4,415.72 4,321.68 4,052.59 3,237.65

Acerinox Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,991.00 3,831.72 3,777.00 3,237.65 3,299.00
HAM:ACE1
75GF Score
Acerinox SA HAM:ACE1
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Acerinox 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.

Acerinox's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=976.531+546.719+1678.592+35.803
=3,238

Acerinox's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=889+633+1777+0
=3,299

* 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 €3,299 Mil mean?
Acerinox (HAM:ACE1) has a Total Current Assets of €3,299 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Acerinox and its competitors.
Is Acerinox's Total Current Assets too high?
Acerinox's current Total Current Assets is €3,299 Mil. Overall, Acerinox has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Acerinox's Total Current Assets compare to NUE and STLD?
Acerinox's Total Current Assets of €3,299 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Current Assets depends on the Steel 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 Acerinox and its competitors. Acerinox's current Total Current Assets is €3,299 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Acerinox (HAM:ACE1) has a current Total Current Assets of €3,299 Mil. The stock's GF Value™ is €10.29, compared to a current price of €15.50 — trading 50.6% above its estimated fair value. The current Total Current Assets is €3,299 Mil. Acerinox's overall GF Score™ is 75/100 with 8 warning signs to review. 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 Acerinox (HAM:ACE1), the current Total Current Assets is €3,299 Mil as of Mar. 2026. 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.

Is Acerinox (HAM:ACE1) Overvalued in 2026?

Based on GuruFocus' analysis, Acerinox stock appears to be overvalued. The current stock price of €15.50 is trading 50.6% above its estimated GF Value™ of €10.29.

Key valuation signals for HAM:ACE1:

  • Total Current Assets: €3,299 Mil
  • GF Value™: €10.29 vs. price of €15.50 (50.6% above fair value)
  • GF Score™: 75/100 with 8 warning signs

No single metric tells the full story. See the HAM:ACE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Acerinox Business Description

Address Calle Santiago de Compostela, no. 100, Madrid, ESP, 28035
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
75GF Score

Get the complete analysis for HAM:ACE1

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

€15.50
Price
€10.29
GF Value