Predict SpA (MIL:PRE) Total Current Assets : €3.01 Mil (As of Jun. 2024)

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What is Predict SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Predict SpA's total current assets for the quarter that ended in Jun. 2024 was €3.01 Mil.

Predict SpA Total Current Assets Historical Data

The historical data trend for Predict SpA'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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Predict SpA Total Current Assets Chart

Predict SpA Annual Data

Trend

Dec22

Dec23

Dec24

Total Current Assets

4.19

5.38

7.15

Predict SpA Semi-Annual Data
	Dec22	Dec23	Jun24	Dec24
Total Current Assets	4.19	5.38	3.01	7.15

Predict SpA 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.

Predict SpA'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
	=	1.63	+	2.179	+	0.51	+	1.061
	=	5.38

Predict SpA's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.216	+	0.714	+	0.876	+	1.204
	=	3.01

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.

Predict SpA (MIL:PRE) 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.

Predict SpA's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.216	-	2.617	+	0.75 * 0.714	+	0.5 * 0.876
=	-1.43

Predict SpA Total Current Assets Related Terms

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Predict SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Predict SpA (MIL:PRE) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Fiera del Levante Pad. 105, Viale Adriatico, Bari, ITA, 70132

Website

https://www.predictcare.it

Predict SpA develops innovative healthcare technologies, such as Optip and Mistral, and sells medical diagnostic imaging systems. Its products include Versana Active GE, Optic probe, Versana Balance GE, Voluson S-series, and Vivid T8.