i-CABLE Communications (i-CABLE Communications) Total Current Assets : $32.21 Mil (As of Dec. 2023)

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What is i-CABLE Communications Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. i-CABLE Communications's total current assets for the quarter that ended in Dec. 2023 was $32.21 Mil.

i-CABLE Communications Total Current Assets Historical Data

The historical data trend for i-CABLE Communications'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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i-CABLE Communications Total Current Assets Chart

i-CABLE Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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67.75

47.86

44.94

33.21

32.21

i-CABLE Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															44.94	38.53	33.21	35.88	32.21

i-CABLE Communications 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.

i-CABLE Communications'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
	=	8.107	+	21.282	+	0.437	+	2.38
	=	32.21

i-CABLE Communications's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.107	+	21.282	+	0.437	+	2.38
	=	32.21

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.

i-CABLE Communications (OTCPK:ICABF) 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.

i-CABLE Communications's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.107	-	291.17	+	0.75 * 13.261	+	0.5 * 0.437
=	-272.90

i-CABLE Communications Total Current Assets Related Terms

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i-CABLE Communications (i-CABLE Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » i-CABLE Communications Ltd (OTCPK:ICABF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ICABY:USA 01097:Hong Kong IB5A:Germany

Address

9 Hoi Shing Road, 7th Floor, Cable TV Tower, Tsuen Wan, Hong Kong, HKG

Website

http://www.i-cablecomm.com

i-CABLE Communications Ltd is an investment holding company engaged in operating in two business segments; The media segment includes operations related to the television subscription business, domestic free television program service, advertising, channel carriage, television relay service, program licensing, theatrical release, and other related businesses, and The telecommunications segment includes operations related to broadband internet access services, portal operation, telephony services, network leasing, network construction, mobile service, and mobile agency service as well as other related businesses.

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