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ITM Power (LSE:ITM) Total Current Assets : £359.21 Mil (As of Oct. 2023)


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What is ITM Power Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ITM Power's total current assets for the quarter that ended in Oct. 2023 was £359.21 Mil.

ITM Power Total Current Assets Historical Data

The historical data trend for ITM Power'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.

* Premium members only.

ITM Power Total Current Assets Chart

ITM Power Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.30 67.52 205.48 423.62 362.87

ITM Power Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 197.46 423.62 397.81 362.87 359.21

ITM Power 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.

ITM Power's Total Current Assets for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=284.371+11.004+58.84+8.653
=362.87

ITM Power's Total Current Assets for the quarter that ended in Oct. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=253.749+28.634+76.825+5.6843418860808E-14
=359.21

* 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.

ITM Power  (LSE:ITM) 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.

ITM Power's Liquidation Value for the quarter that ended in Oct. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=253.749-125.628+0.75 * 28.634+0.5 * 76.825
=188.01

* 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.

ITM Power Total Current Assets Related Terms

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ITM Power (LSE:ITM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITM Power PLC (LSE:ITM) » Definitions » Total Current Assets
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Traded in Other Exchanges
ITMPF:USA ITM.GB:UK IJ8:Germany
Address
2 Bessemer Park, Shepcote Lane, Sheffield, GBR, S9 1DZ
Website
https://www.itm-power.com
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.