African Rainbow Capital Investments (JSE:AIL) Total Current Assets : R768 Mil (As of Dec. 2023)

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What is African Rainbow Capital Investments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. African Rainbow Capital Investments's total current assets for the quarter that ended in Dec. 2023 was R768 Mil.

African Rainbow Capital Investments Total Current Assets Historical Data

The historical data trend for African Rainbow Capital Investments'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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African Rainbow Capital Investments Total Current Assets Chart

African Rainbow Capital Investments Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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24.00

19.00

15.00

9.00

21.00

African Rainbow Capital Investments Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial									12.00	9.00	24.00	21.00	768.00

African Rainbow Capital Investments 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 Rainbow Capital Investments's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	21	+	0	+	0	+	0
	=	21

African Rainbow Capital Investments'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
	=	768	+	0	+	0	+	0
	=	768

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 Rainbow Capital Investments (JSE:AIL) 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 Rainbow Capital Investments'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)
=	768	-	3	+	0.75 * 0	+	0.5 * 0
=	765

African Rainbow Capital Investments Total Current Assets Related Terms

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African Rainbow Capital Investments (JSE:AIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » African Rainbow Capital Investments Ltd (JSE:AIL) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

35 Cybercity, Level 3, Alexander House, Ebene, MUS, 72201

Website

https://www.arci.mu

African Rainbow Capital Investments Ltd is an investment holding company. It offers shareholders long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted and listed investments. The company invests in Telecommunications, Real Estate, Hospitality, Energy and Financial Services, and others.

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