The Initiates (NSA:TIP) Total Current Assets : ₦0.00 Mil (As of . 20)

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What is The Initiates Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. The Initiates's total current assets for the quarter that ended in . 20 was ₦0.00 Mil.

The Initiates Total Current Assets Historical Data

The historical data trend for The Initiates'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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The Initiates Total Current Assets Chart

The Initiates Annual Data

Trend

Total Current Assets

The Initiates Semi-Annual Data

Total Current Assets

The Initiates 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.

The Initiates's Total Current Assets for the fiscal year that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

The Initiates's Total Current Assets for the quarter that ended in . 20 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=		+		+		+
	=	0.00

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.

The Initiates (NSA:TIP) 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.

The Initiates's Liquidation Value for the quarter that ended in . 20 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=		-		+	0.75 *	+	0.5 *
=	0.00

The Initiates Total Current Assets Related Terms

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The Initiates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » The Initiates PLC (NSA:TIP) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA

Website

https://www.initiatesgroup.com

The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.