Nictus Holdings (NAM:NHL) Total Current Assets : R1,109.3 Mil (As of Dec. 2023)

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What is Nictus Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nictus Holdings's total current assets for the quarter that ended in Dec. 2023 was R1,109.3 Mil.

Nictus Holdings Total Current Assets Historical Data

The historical data trend for Nictus Holdings'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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Nictus Holdings Total Current Assets Chart

Nictus Holdings Annual Data

Trend

Mar20

Mar21

Jun22

Jun23

Total Current Assets

1,133.99

1,027.07

1,041.18

1,335.77

Nictus Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial			1,027.07	1,070.76	1,100.31	1,335.77	1,109.35

Nictus Holdings 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.

Nictus Holdings's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	405.19	+	511.119	+	167.144	+	252.317
	=	1,335.8

Nictus Holdings's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	502.404	+	157.453	+	176.283	+	273.207
	=	1,109.3

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.

Nictus Holdings (NAM:NHL) 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.

Nictus Holdings's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	502.404	-	1551.931	+	0.75 * 142.602	+	0.5 * 176.283
=	-854.4

Nictus Holdings Total Current Assets Related Terms

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Nictus Holdings (NAM:NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Holdings Ltd (NAM:NHL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

140 Mandume Ndemufayo Avenue, 1st Floor, Nictus Building, P.O. Box 755, Southern Industrial Area, Windhoek, NAM

Website

http://www.nictusholdings.com

Nictus Holdings Ltd retails automobiles, tyres, furniture and provides financial and insurance services in Namibia. The company operates through three segments namely, Retail, Properties, and Insurance and Finance. The Retail segment sells multi-brand tires, retreaded tires, wheels, and allied services. The Properties segment invests in properties. The Insurance and Finance segment provides risk management solutions, and financial assistance. Majority revenue of the company is earned from Retail segment.

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