Agha Steel Industries (KAR:AGHA) Total Current Assets : ₨16,951 Mil (As of Mar. 2024)

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What is Agha Steel Industries Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Agha Steel Industries's total current assets for the quarter that ended in Mar. 2024 was ₨16,951 Mil.

Agha Steel Industries Total Current Assets Historical Data

The historical data trend for Agha Steel Industries'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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Agha Steel Industries Total Current Assets Chart

Agha Steel Industries Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

13,468.62

15,531.28

17,781.65

21,802.22

20,210.75

Agha Steel Industries Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial												19,364.07	20,210.75	19,850.17	19,414.51	16,950.52

Agha Steel Industries 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.

Agha Steel Industries'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
	=	87.295	+	4676.793	+	12800.76	+	2645.904
	=	20,211

Agha Steel Industries'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
	=	388.412	+	5625.331	+	7725.948	+	3210.824
	=	16,951

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.

Agha Steel Industries (KAR:AGHA) 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.

Agha Steel Industries'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)
=	388.412	-	25458.502	+	0.75 * 4819.704	+	0.5 * 7725.948
=	-17,592

Agha Steel Industries Total Current Assets Related Terms

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Agha Steel Industries (KAR:AGHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Agha Steel Industries Ltd (KAR:AGHA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

G-19 II Talwar, Block 5, Office 801 and 804, 8th Floor, Emerald Tower, Clifton, Karachi, SD, PAK

Website

https://www.aghasteel.com

Agha Steel Industries Ltd is engaged in the business of manufacturing and sale of steel bars, wire rods, and billets in Pakistan. The products of the company include Billets, Earthquake-resistant rebar G-60, Arcon 615 deformed Bar G-60, and E bar G-500+.

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