New Frontier Properties (JSE:NFP) Total Current Assets : R75.3 Mil (As of May. 2020)

View and export this data going back to 2015. Start your Free Trial

What is New Frontier Properties Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. New Frontier Properties's total current assets for the quarter that ended in May. 2020 was R75.3 Mil.

New Frontier Properties Total Current Assets Historical Data

The historical data trend for New Frontier Properties'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.

New Frontier Properties Total Current Assets Chart

New Frontier Properties Annual Data

Trend

Dec14

Aug16

Aug17

Aug18

Aug19

Total Current Assets

1.22

171.34

198.58

156.88

109.29

New Frontier Properties Quarterly Data
	May15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20
Total Current Assets	Get a 7-Day Free Trial															327.06	109.29	83.55	111.57	75.26

New Frontier Properties 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.

New Frontier Properties's Total Current Assets for the fiscal year that ended in Aug. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	43.22	+	65.014	+	0	+	1.051
	=	109.3

New Frontier Properties's Total Current Assets for the quarter that ended in May. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	31.85	+	43.413	+	0	+	0
	=	75.3

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.

New Frontier Properties (JSE:NFP) 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.

New Frontier Properties's Liquidation Value for the quarter that ended in May. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	31.85	-	2388.107	+	0.75 * 43.413	+	0.5 * 0
=	-2,323.7

New Frontier Properties Total Current Assets Related Terms

Thank you for viewing the detailed overview of New Frontier Properties's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

New Frontier Properties (JSE:NFP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » New Frontier Properties Ltd (JSE:NFP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

B45 Twenty Foot Road, 5th Floor, La Croisette, Grand Baie, MUS

Website

http://newfrontierprop.com

New Frontier Properties Ltd operates as a UK real estate investment trust. The company's primary objective is to acquire and develop good quality, income-generating retail and logistics property in the UK and Europe. Its investment portfolio comprises UK shopping centers, Cleveland Centre in Middlesbrough, Coopers Square in Burton upon Trent, and Houndshill Shopping Centre in Blackpool.

New Frontier Properties (JSE:NFP) Headlines

No Headlines