Innovax Holdings (HKSE:02680) Total Current Assets : HK$288.1 Mil (As of Aug. 2024)

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What is Innovax Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Innovax Holdings's total current assets for the quarter that ended in Aug. 2024 was HK$288.1 Mil.

Innovax Holdings Total Current Assets Historical Data

The historical data trend for Innovax Holdings'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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Innovax Holdings Total Current Assets Chart

Innovax Holdings Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Current Assets

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292.82

399.76

300.58

299.31

282.09

Innovax Holdings Semi-Annual Data
	Feb16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Total Current Assets	Get a 7-Day Free Trial												328.30	299.31	313.29	282.09	288.11

Innovax Holdings 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.

Innovax Holdings's Total Current Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	181.538	+	51.624	+	0	+	48.929
	=	282.1

Innovax Holdings's Total Current Assets for the quarter that ended in Aug. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	137.822	+	68.23	+	0	+	82.054
	=	288.1

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.

Innovax Holdings (HKSE:02680) 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.

Innovax Holdings's Liquidation Value for the quarter that ended in Aug. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	137.822	-	108.849	+	0.75 * 46.114	+	0.5 * 0
=	63.6

Innovax Holdings Total Current Assets Related Terms

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Innovax Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Innovax Holdings Ltd (HKSE:02680) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

128 Gloucester Road, Unit A-C, 20/F, Neich Tower, Wanchai, Hong Kong, HKG

Website

https://www.innovax.hk

Innovax Holdings Ltd is a financial and securities service provider in Hong Kong. The services offered by the group include corporate finance advisory services; placing and underwriting services; securities dealing and brokerage services; securities financing services; asset management services and money lending services. The services are offered to retail and corporate clients.

Executives

Chung Chi Man	2101 Beneficial owner
Billion Shine International Investment Limited	2101 Beneficial owner
Lee Yin Har	2202 Interest of your spouse

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