Miba AG (LTS:0F98) Total Current Assets : €421.5 Mil (As of Jul. 2015)

View and export this data going back to . Start your Free Trial

What is Miba AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Miba AG's total current assets for the quarter that ended in Jul. 2015 was €421.5 Mil.

Miba AG Total Current Assets Historical Data

The historical data trend for Miba AG'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.

Miba AG Total Current Assets Chart

Miba AG Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Total Current Assets

Get a 7-Day Free Trial

230.80

269.36

313.98

326.64

388.49

Miba AG Quarterly Data
	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15
Total Current Assets	Get a 7-Day Free Trial															357.42	379.87	388.49	414.04	421.49

Miba AG 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.

Miba AG's Total Current Assets for the fiscal year that ended in Jan. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	174.583	+	97.107	+	93.084	+	23.712
	=	388.5

Miba AG's Total Current Assets for the quarter that ended in Jul. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	183.056	+	107.202	+	103.667	+	27.561
	=	421.5

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.

Miba AG (LTS:0F98) 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.

Miba AG's Liquidation Value for the quarter that ended in Jul. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	183.056	-	340.485	+	0.75 * 107.202	+	0.5 * 103.667
=	-25.2

Miba AG Total Current Assets Related Terms

Thank you for viewing the detailed overview of Miba AG's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Miba AG (LTS:0F98) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Miba AG (LTS:0F98) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Website

http://www.miba.com

Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

Miba AG (LTS:0F98) Headlines

No Headlines