Rentunder Holding AB (NGM:RENT) Total Current Assets : kr5.52 Mil (As of Dec. 2023)

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What is Rentunder Holding AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Rentunder Holding AB's total current assets for the quarter that ended in Dec. 2023 was kr5.52 Mil.

Rentunder Holding AB Total Current Assets Historical Data

The historical data trend for Rentunder Holding AB'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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Rentunder Holding AB Total Current Assets Chart

Rentunder Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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6.31

6.72

6.35

5.76

5.52

Rentunder Holding AB Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial											6.35	4.08	5.76	3.62	5.52

Rentunder Holding AB 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.

Rentunder Holding AB'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
	=	1.483	+	2.933	+	1.034	+	0.071000000000001
	=	5.52

Rentunder Holding AB'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
	=	1.483	+	2.933	+	1.034	+	0.071000000000001
	=	5.52

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.

Rentunder Holding AB (NGM:RENT) 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.

Rentunder Holding AB'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)
=	1.483	-	6.482	+	0.75 * 2.572	+	0.5 * 1.034
=	-2.55

Rentunder Holding AB Total Current Assets Related Terms

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Rentunder Holding AB (NGM:RENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rentunder Holding AB (NGM:RENT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gammelbygatan 18, Osthammar, SWE, 742 34

Website

http://www.driveinboatwash.com

Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.