Meikles (LSE:MIK) Total Current Assets: $3,671 Mil (As of Feb. 2024)


LSE:MIK Meikles Ltd LSE:MIK
17 GF Score
Price $0.43
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What is Meikles Total Current Assets?

Meikles LSE:MIK 17 Total Current Assets is $3,671 Mil as of Feb. 2024. GuruFocus rates LSE:MIK with a GF Score™ of 17/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Meikles's total current assets for the quarter that ended in Feb. 2024 was $3,671 Mil.

Meikles  (LSE:MIK) 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.

Meikles's Liquidation Value for the quarter that ended in Feb. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=964.919-2531.893+0.75 * 17.983+0.5 * 2342.497
=-382

* 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.

Meikles Total Current Assets Related Terms

Meikles Total Current Assets Historical Data

* Premium members only.

The historical data trend for Meikles'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.

Meikles Total Current Assets Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Feb24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 5.79 19.54 53.52 97.53 3,671.08

Meikles Semi-Annual Data
Dec08 Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23 Feb24
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 37.17 97.53 125.29 859.18 3,671.08
LSE:MIK
17GF Score
Meikles Ltd LSE:MIK
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Meikles 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.

Meikles's Total Current Assets for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=964.919+103.011+2342.497+260.652
=3,671

Meikles's Total Current Assets for the quarter that ended in Feb. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=964.919+103.011+2342.497+260.652
=3,671

* 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 $3,671 Mil mean?
Meikles (LSE:MIK) has a Total Current Assets of $3,671 Mil as of Feb. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Meikles and its competitors.
Is Meikles' Total Current Assets too high?
Meikles' current Total Current Assets is $3,671 Mil. Overall, Meikles has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Meikles' Total Current Assets compare to DDS and M?
Meikles' Total Current Assets of $3,671 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Current Assets depends on the Retail - Cyclical 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 Meikles and its competitors. Meikles's current Total Current Assets is $3,671 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meikles stock overvalued right now?
Meikles (LSE:MIK) has a current Total Current Assets of $3,671 Mil. The current Total Current Assets is $3,671 Mil. Meikles' overall GF Score™ is 17/100. 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 Meikles (LSE:MIK), the current Total Current Assets is $3,671 Mil as of Feb. 2024. 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.

Meikles Business Description

Address 4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company with diversified segments. Its Supermarkets segment operates a chain of stores offering groceries, fresh produce, and household goods, generating the majority of the revenue in Zimbabwe. The Hotels segment provides accommodation, food and beverage services, event hosting, and leisure facilities. The Properties segment develops, leases, and manages commercial properties. The Security Services segment provides on-site personnel to corporate and residential clients, while the Corporate segment oversees administration and strategic planning. Operations are divided between Zimbabwe and non-Zimbabwe, with the majority of revenue coming from Zimbabwe.
17GF Score

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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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