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MKDW (MKDWell Tech) Total Current Assets : $2.11 Mil (As of Jun. 2024)


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What is MKDWell Tech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. MKDWell Tech's total current assets for the quarter that ended in Jun. 2024 was $2.11 Mil.

MKDWell Tech Total Current Assets Historical Data

The historical data trend for MKDWell Tech'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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MKDWell Tech Total Current Assets Chart

MKDWell Tech Annual Data
Trend Dec21 Dec22 Dec23
Total Current Assets
2.50 1.67 2.74

MKDWell Tech Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial - 1.67 2.31 2.74 2.11

MKDWell Tech 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.

MKDWell Tech'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
=0.924+1.384+0.363+0.068
=2.74

MKDWell Tech'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
=0.272+0.406+0.327+1.107
=2.11

* 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.

MKDWell Tech  (NAS:MKDW) 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.

MKDWell Tech'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)
=0.272-9.493+0.75 * 0.391+0.5 * 0.327
=-8.76

* 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.

MKDWell Tech Total Current Assets Related Terms

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MKDWell Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » MKDWell Tech Inc (NAS:MKDW) » Definitions » Total Current Assets
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CREV HYZN OMTK NCNCF GTEC WKSP SAG TSE:6902 TSE:5108 XPAR:ML SHSE:600660 SHSE:601689 GPC XKRX:012330 APTV XTER:CON TSE:5802 XTER:KBX MBLY TSX:MG
Traded in Other Exchanges
N/A
Address
Sea Meadow House, Road Town, Tortola, VGB
Website
http://www.mkdwell.com
MKDWell Tech Inc is a company engaged in supplying automotive electronics for passenger cars, modified commercial vehicles, camper vans and logistics vehicles. Its business coverage extends across the spectrum of research and development, design, production and sales of automotive electronic products. The main products are intelligent camper vans control systems, LiDAR sensors, intelligent container control systems for logistics vehicles, vehicle seat control system, and it provide customers with ODM and OEM customized services.