National Industries Co KSC (KUW:NICBM) Total Current Assets : KWD61.08 Mil (As of Dec. 2024)

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What is National Industries Co KSC Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. National Industries Co KSC's total current assets for the quarter that ended in Dec. 2024 was KWD61.08 Mil.

National Industries Co KSC Total Current Assets Historical Data

The historical data trend for National Industries Co KSC'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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National Industries Co KSC Total Current Assets Chart

National Industries Co KSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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55.38

56.33

59.72

62.92

61.08

National Industries Co KSC Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															62.92	62.31	58.90	60.26	61.08

National Industries Co KSC 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.

National Industries Co KSC's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.883	+	11.716	+	24.377	+	2.103
	=	61.08

National Industries Co KSC's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22.883	+	11.716	+	24.377	+	2.103
	=	61.08

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.

National Industries Co KSC (KUW:NICBM) 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.

National Industries Co KSC's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22.883	-	29.335	+	0.75 * 10.992	+	0.5 * 24.377
=	13.98

National Industries Co KSC Total Current Assets Related Terms

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National Industries Co KSC Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » National Industries Co KSC (KUW:NICBM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034

Website

https://www.nicbm.com

National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.

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