The Israel (The Israel) Total Current Assets : $4,906 Mil (As of Mar. 2024)

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What is The Israel Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The Israel's total current assets for the quarter that ended in Mar. 2024 was $4,906 Mil.

The Israel Total Current Assets Historical Data

The historical data trend for The Israel'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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The Israel Total Current Assets Chart

The Israel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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3,286.00

3,497.00

4,503.00

5,619.00

5,025.00

The Israel 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															5,771.00	5,234.00	4,944.00	5,025.00	4,906.00

The Israel 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.

The Israel'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
	=	1567	+	1600	+	1703	+	155
	=	5,025

The Israel'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
	=	1462	+	1814	+	1630	+	0
	=	4,906

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.

The Israel (OTCPK:IRLCF) 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.

The Israel'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)
=	1462	-	6398	+	0.75 * 1492	+	0.5 * 1630
=	-3,002

The Israel Total Current Assets Related Terms

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The Israel (The Israel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » The Israel Corp Ltd (OTCPK:IRLCF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ILCO:Israel

Address

23 Aranha Street, P.O. Box 20456, Millennium Tower, Tel Aviv, ISR, 61204

Website

http://www.israelcorp.com

The Israel Corp Ltd is a holding company that provides focused exposure to mature assets in the natural resources industry. Operations are conducted through two affiliates: Israel Chemicals and the Bazan Group. It generates maximum revenue from the Israel Chemicals segment. Geographically, it derives a majority of revenue from Israel and also has a presence in Europe; North America; Asia; South America and other countries.