Asia Standard Hotel Group (HKSE:00292) Total Current Assets : HK$4,191.4 Mil (As of Sep. 2023)

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What is Asia Standard Hotel Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Asia Standard Hotel Group's total current assets for the quarter that ended in Sep. 2023 was HK$4,191.4 Mil.

Asia Standard Hotel Group Total Current Assets Historical Data

The historical data trend for Asia Standard Hotel Group'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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Asia Standard Hotel Group Total Current Assets Chart

Asia Standard Hotel Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

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7,768.27

7,054.81

6,703.40

4,824.70

5,006.67

Asia Standard Hotel Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Current Assets	Get a 7-Day Free Trial															4,373.53	4,824.70	4,296.70	5,006.67	4,191.39

Asia Standard Hotel Group 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.

Asia Standard Hotel Group's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2505.578	+	478.761	+	27.949	+	1994.383
	=	5,006.7

Asia Standard Hotel Group's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1647.233	+	366.546	+	27.757	+	2149.858
	=	4,191.4

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.

Asia Standard Hotel Group (HKSE:00292) 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.

Asia Standard Hotel Group's Liquidation Value for the quarter that ended in Sep. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1647.233	-	6427.488	+	0.75 * 366.546	+	0.5 * 27.757
=	-4,491.5

Asia Standard Hotel Group Total Current Assets Related Terms

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Asia Standard Hotel Group (HKSE:00292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Standard Hotel Group Ltd (HKSE:00292) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG

Website

http://www.asiastandardhotelgroup.com

Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

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