Hospitality Property Fund (JSE:TSP) Total Current Assets: R255.65 Mil (As of Sep. 2020)


What is Hospitality Property Fund Total Current Assets?

Hospitality Property Fund JSE:TSP 11 Total Current Assets is R255.65 Mil as of Sep. 2020. GuruFocus rates JSE:TSP with a GF Score™ of 11/100. The stock has 8 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hospitality Property Fund's total current assets for the quarter that ended in Sep. 2020 was R255.65 Mil.

Hospitality Property Fund  (JSE:TSP) 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.

Hospitality Property Fund's Liquidation Value for the quarter that ended in Sep. 2020 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=71.551-2739.35+0.75 * 183.171+0.5 * 0.932
=-2,529.95

* 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.

Hospitality Property Fund Total Current Assets Related Terms

Hospitality Property Fund Total Current Assets Historical Data

* Premium members only.

The historical data trend for Hospitality Property Fund'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.

Hospitality Property Fund Total Current Assets Chart

Hospitality Property Fund Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Mar18 Mar19 Mar20
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 626.03 404.13 590.11 239.79 363.05

Hospitality Property Fund Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 270.24 239.79 173.15 363.05 255.65

Hospitality Property Fund 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.

Hospitality Property Fund's Total Current Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=290.575+26.709+0+45.77
=363.05

Hospitality Property Fund's Total Current Assets for the quarter that ended in Sep. 2020 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=71.551+183.171+0.932+0
=255.65

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of R255.65 Mil mean?
Hospitality Property Fund (JSE:TSP) has a Total Current Assets of R255.65 Mil as of Sep. 2020. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Hospitality Property Fund and its competitors.
Is Hospitality Property Fund's Total Current Assets too high?
Hospitality Property Fund's current Total Current Assets is R255.65 Mil. Overall, Hospitality Property Fund has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Hospitality Property Fund's Total Current Assets compare to HST and PK?
Hospitality Property Fund's Total Current Assets of R255.65 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a REITs company?
A good Total Current Assets depends on the REITs industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Hospitality Property Fund and its competitors. Hospitality Property Fund's current Total Current Assets is R255.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hospitality Property Fund stock overvalued right now?
Hospitality Property Fund (JSE:TSP) has a current Total Current Assets of R255.65 Mil. The current Total Current Assets is R255.65 Mil. Hospitality Property Fund's overall GF Score™ is 11/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Hospitality Property Fund (JSE:TSP), the current Total Current Assets is R255.65 Mil as of Sep. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hospitality Property Fund Business Description

Industry Real EstateREITs
Address Montecasino Boulevard, Palazzo Towers West, Fourways, Johannesburg, ZAF, 2055
Hospitality Property Fund Ltd is a specialised real estate investment trust investing in the hotel and leisure sector, providing investors with exposure to both the property and hospitality industries. The company's portfolio caters to a wide-ranging domestic and international market and accommodates various segments including corporate, government, leisure, group conferencing and event business. The properties are well diversified in terms of geographic location and class of hotel, thus mitigating the inherent risks associated within the cyclical nature of the hospitality industry.