MTI Wireless Edge (LSE:MWE) Total Current Assets : £24.40 Mil (As of Sep. 2024)

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What is MTI Wireless Edge Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MTI Wireless Edge's total current assets for the quarter that ended in Sep. 2024 was £24.40 Mil.

MTI Wireless Edge Total Current Assets Historical Data

The historical data trend for MTI Wireless Edge'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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MTI Wireless Edge Total Current Assets Chart

MTI Wireless Edge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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20.77

21.96

25.08

24.49

27.49

MTI Wireless Edge Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															-	27.49	27.02	25.38	24.40

MTI Wireless Edge 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.

MTI Wireless Edge's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.679	+	13.03	+	5.912	+	1.865
	=	27.49

MTI Wireless Edge's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.889	+	14.155	+	6.14	+	0.22
	=	24.40

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.

MTI Wireless Edge (LSE:MWE) 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.

MTI Wireless Edge's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.889	-	10.17	+	0.75 * 10.471	+	0.5 * 6.14
=	4.64

MTI Wireless Edge Total Current Assets Related Terms

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MTI Wireless Edge Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MTI Wireless Edge Ltd (LSE:MWE) » Definitions » Total Current Assets

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Traded in Other Exchanges

M7O:Germany

Address

11 Hamelacha Street, Afek Industrial Park, Rosh-Ha'Ayin, ISR, 4809121

Website

https://www.mtiwirelessedge.com

MTI Wireless Edge Ltd is an Israel-based company engaged in three segments; the antennas segment includes the development, design, manufacture, and marketing of antennas for the military and civilian sectors, Water solutions segment is a provider of remote control solutions for water and irrigation applications based on Motorola's IRRInet state of the art control, monitoring and communication technologies, and Distribution and Consultation segment provides consulting representation, and marketing services to foreign companies in the field of RF (radio frequency) and Microwave, including engineering services in the field of aerostat systems and system engineering services, and development, manufacture, and integration of communication systems and monitoring and control systems.