Invinity Energy Systems (LSE:IES) Total Current Assets : £28.96 Mil (As of Jun. 2023)

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What is Invinity Energy Systems Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Invinity Energy Systems's total current assets for the quarter that ended in Jun. 2023 was £28.96 Mil.

Invinity Energy Systems Total Current Assets Historical Data

The historical data trend for Invinity Energy Systems'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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Invinity Energy Systems Total Current Assets Chart

Invinity Energy Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

5.05

2.33

24.31

40.44

25.98

Invinity Energy Systems Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial					21.46	40.44	30.62	25.98	28.96

Invinity Energy Systems 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.

Invinity Energy Systems's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.137	+	3.486	+	9.827	+	7.532
	=	25.98

Invinity Energy Systems's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.929	+	6.929	+	3.68	+	5.424
	=	28.96

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.

Invinity Energy Systems (LSE:IES) 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.

Invinity Energy Systems's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.929	-	12.219	+	0.75 * 4.151	+	0.5 * 3.68
=	5.66

Invinity Energy Systems Total Current Assets Related Terms

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Invinity Energy Systems (LSE:IES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Invinity Energy Systems PLC (LSE:IES) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

IESVF:USA IES.GB:UK J4Q5:Germany

Address

Castle Street, 3rd Floor, IFC5, St. Helier, JEY, JE2 3BY

Website

https://www.invinity.com

Invinity Energy Systems PLC operates in the manufacturing of vanadium flow battery systems and their related installation and other services. Its vanadium flow batteries are a form of heavy-duty, stationary energy storage, used in high-utilization applications such as being coupled with industrial-scale solar generation for distributed, low-carbon energy projects. The company's flow battery systems are ideal for commercial and industrial sites, grid network infrastructure projects, and off-grid applications, either standalone or alongside renewable energy such as solar PV. It generates the majority of its revenue from the sale of Battery systems and associated control systems. Its geographical segments are the United Kingdom, Asia, the United States, and Others.

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