Deneb Investments (JSE:DNB) Total Current Assets : R1,398 Mil (As of Mar. 2024)

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What is Deneb Investments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Deneb Investments's total current assets for the quarter that ended in Mar. 2024 was R1,398 Mil.

Deneb Investments Total Current Assets Historical Data

The historical data trend for Deneb 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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Deneb Investments Total Current Assets Chart

Deneb Investments Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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1,194.27

1,064.75

1,282.67

1,451.07

1,398.15

Deneb Investments Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,282.67	1,524.83	1,451.07	1,633.77	1,398.15

Deneb 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.

Deneb Investments's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	153.195	+	471.522	+	581.882	+	191.555
	=	1,398

Deneb Investments'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
	=	153.195	+	471.522	+	581.882	+	191.555
	=	1,398

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.

Deneb Investments (JSE:DNB) 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.

Deneb Investments'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)
=	153.195	-	1701.564	+	0.75 * 451.167	+	0.5 * 581.882
=	-919

Deneb Investments Total Current Assets Related Terms

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Deneb Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Deneb Investments Ltd (JSE:DNB) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corner Main and Browning Roads, 5th Floor, Deneb House, Observatory, Cape Town, WC, ZAF, 7925

Website

https://www.deneb.co.za

Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Property; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America and South America, of which the majority of the revenue is generated from South Africa.