Secure Electronic Technology (NSA:NSLTECH) Total Current Assets: ₦231 Mil (As of Dec. 2024)


NSA:NSLTECH Secure Electronic Technology PLC NSA:NSLTECH
10 GF Score
Price ₦0.85
GF Value ₦0.37
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Secure Electronic Technology Total Current Assets?

Secure Electronic Technology NSA:NSLTECH +3.66% 10 Total Current Assets is ₦231 Mil as of Dec. 2024. GuruFocus rates NSA:NSLTECH with a GF Score™ of 10/100 and a GF Value™ of ₦0.37 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Secure Electronic Technology's total current assets for the quarter that ended in Dec. 2024 was ₦231 Mil.


Secure Electronic Technology  (NSA:NSLTECH) 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.

Secure Electronic Technology's Liquidation Value for the quarter that ended in Dec. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=52.656-926.887+0.75 * 105.058+0.5 * 0
=-795

* 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.


Secure Electronic Technology Total Current Assets Related Terms


Secure Electronic Technology Total Current Assets Historical Data

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The historical data trend for Secure Electronic Technology'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.

Secure Electronic Technology Total Current Assets Chart

Secure Electronic Technology Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Current Assets
392.13 416.12 222.64 231.48

Secure Electronic Technology Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Total Current Assets 392.13 416.12 222.64 231.48
NSA:NSLTECH
10GF Score
Secure Electronic Technology PLC NSA:NSLTECH
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Secure Electronic Technology 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.

Secure Electronic Technology's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Secure Electronic Technology's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

* 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 ₦231 Mil mean?
Secure Electronic Technology (NSA:NSLTECH) has a Total Current Assets of ₦231 Mil as of Dec. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Secure Electronic Technology and its competitors.
Is Secure Electronic Technology's Total Current Assets too high?
Secure Electronic Technology's current Total Current Assets is ₦231 Mil. Overall, Secure Electronic Technology has a GF Score™ of 10/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Secure Electronic Technology's Total Current Assets compare to FLUT and DKNG?
Secure Electronic Technology's Total Current Assets of ₦231 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Current Assets depends on the Travel & Leisure 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 Secure Electronic Technology and its competitors. Secure Electronic Technology's current Total Current Assets is ₦231 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Secure Electronic Technology stock overvalued right now?
Based on GuruFocus' analysis, Secure Electronic Technology (NSA:NSLTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦0.37, compared to a current price of ₦0.85 — trading 129.7% above its estimated fair value. The current Total Current Assets is ₦231 Mil. Secure Electronic Technology's overall GF Score™ is 10/100 with 1 warning sign to review. 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 Secure Electronic Technology (NSA:NSLTECH), the current Total Current Assets is ₦231 Mil as of Dec. 2024. 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.

Is Secure Electronic Technology (NSA:NSLTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Secure Electronic Technology stock appears to be overvalued. The current stock price of ₦0.85 is trading 129.7% above its estimated GF Value™ of ₦0.37. GuruFocus considers Secure Electronic Technology to be Significantly Overvalued.

Key valuation signals for NSA:NSLTECH:

  • Total Current Assets: ₦231 Mil
  • GF Value™: ₦0.37 vs. price of ₦0.85 (129.7% above fair value)
  • GF Score™: 10/100 with 1 warning sign

No single metric tells the full story. See the NSA:NSLTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Secure Electronic Technology Business Description

Address 107, Bamgbose Street, Lagos Island, Lagos, NGA
Secure Electronic Technology PLC is engaged in operating the national lottery in Nigeria. The company's games include 5OF90.
10GF Score

Get the complete analysis for NSA:NSLTECH

Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₦0.85
Price
₦0.37
GF Value