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African Dawn Capital (JSE:ADW) Total Current Assets : R13.42 Mil (As of Aug. 2023)


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What is African Dawn Capital Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. African Dawn Capital's total current assets for the quarter that ended in Aug. 2023 was R13.42 Mil.


African Dawn Capital Total Current Assets Historical Data

The historical data trend for African Dawn Capital'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.

* Premium members only.

African Dawn Capital Total Current Assets Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.78 9.57 9.23 14.70 12.38

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 15.47 14.70 13.34 12.38 13.42

African Dawn Capital 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.

African Dawn Capital's Total Current Assets for the fiscal year that ended in Feb. 2023 is calculated as

African Dawn Capital's Total Current Assets for the quarter that ended in Aug. 2023 is calculated as

* 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.


African Dawn Capital  (JSE:ADW) 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.

African Dawn Capital's Liquidation Value for the quarter that ended in Aug. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=2.084-63.379+0.75 * 10.087+0.5 * 0
=-53.73

* 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.


African Dawn Capital Total Current Assets Related Terms

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African Dawn Capital (JSE:ADW) Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

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