Magnit PJSC (MIC:MGNT) Total Current Assets: ₽570,883 Mil (As of Jun. 2023)


MIC:MGNT Magnit PJSC MIC:MGNT
17 GF Score
Price ₽1,789.00
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What is Magnit PJSC Total Current Assets?

Magnit PJSC MIC:MGNT +0.28% 17 Total Current Assets is ₽570,883 Mil as of Jun. 2023. GuruFocus rates MIC:MGNT with a GF Score™ of 17/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Magnit PJSC's total current assets for the quarter that ended in Jun. 2023 was ₽570,883 Mil.

Magnit PJSC  (MIC:MGNT) 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.

Magnit PJSC'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)
=299454.165-1159742.766+0.75 * 5777.91+0.5 * 218715.746
=-746,597

* 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.

Magnit PJSC Total Current Assets Related Terms

Magnit PJSC Total Current Assets Historical Data

* Premium members only.

The historical data trend for Magnit PJSC'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.

Magnit PJSC Total Current Assets Chart

Magnit PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 222,692.91 251,342.82 266,931.05 320,098.13 568,621.84

Magnit PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 348,178.49 320,098.13 344,747.23 568,621.84 570,882.54
MIC:MGNT
17GF Score
Magnit PJSC MIC:MGNT
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnit PJSC 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.

Magnit PJSC'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
=314912.124+21359.882+219435.679+12914.155
=568,622

Magnit PJSC'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
=299454.165+12003.21+218715.746+40709.417
=570,883

* 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 ₽570,883 Mil mean?
Magnit PJSC (MIC:MGNT) has a Total Current Assets of ₽570,883 Mil as of Jun. 2023. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Magnit PJSC and its competitors.
Is Magnit PJSC's Total Current Assets too high?
Magnit PJSC's current Total Current Assets is ₽570,883 Mil. Overall, Magnit PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnit PJSC's Total Current Assets compare to WMT and COST?
Magnit PJSC's Total Current Assets of ₽570,883 Mil can be compared against companies in the Retail - Defensive 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 - Defensive company?
A good Total Current Assets depends on the Retail - Defensive 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 Magnit PJSC and its competitors. Magnit PJSC's current Total Current Assets is ₽570,883 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnit PJSC stock overvalued right now?
Magnit PJSC (MIC:MGNT) has a current Total Current Assets of ₽570,883 Mil. The current Total Current Assets is ₽570,883 Mil. Magnit PJSC's 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 Magnit PJSC (MIC:MGNT), the current Total Current Assets is ₽570,883 Mil as of Jun. 2023. 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.

Magnit PJSC Business Description

Address 15/5, Solnechnaya Street, Krasnodar, RUS, 350072
Magnit PJSC operates in the retail and distribution of consumer goods under the Magnit, the DIXY, and the Megamart names. The Group's retail operations are operated through convenience stores, cosmetic stores, supermarkets, and others. The Group's business operations are located in the Russian Federation and relate mainly to retail sales of consumer goods. The company operates in about 4,000 localities. The company utilizes a multiformat model, which includes convenience and drogerie stores, supermarkets, and pharmacies. Aside from commodity sales, it operates a private-label food production business. The company manages several plants for growing vegetables and the production of dry food and confectionery.
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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