Spear REIT (JSE:SEA) Total Current Assets : R492.4 Mil (As of Feb. 2024)

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What is Spear REIT Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spear REIT's total current assets for the quarter that ended in Feb. 2024 was R492.4 Mil.

Spear REIT Total Current Assets Historical Data

The historical data trend for Spear REIT'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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Spear REIT Total Current Assets Chart

Spear REIT Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Current Assets

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48.15

75.15

117.09

461.62

492.42

Spear REIT Semi-Annual Data
	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Total Current Assets	Get a 7-Day Free Trial										117.09	136.23	461.62	445.56	492.42

Spear REIT 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.

Spear REIT's Total Current Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	25.871	+	21.534	+	443	+	2.018
	=	492.4

Spear REIT's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	25.871	+	21.534	+	443	+	2.018
	=	492.4

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.

Spear REIT (JSE:SEA) 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.

Spear REIT's Liquidation Value for the quarter that ended in Feb. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	25.871	-	1597.265	+	0.75 * 21.312	+	0.5 * 443
=	-1,333.9

Spear REIT Total Current Assets Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001

Website

https://www.spearprop.co.za

Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

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