Deem Roll Tech (NSE:DEEM) Total Current Assets : ₹978 Mil (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Deem Roll Tech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Deem Roll Tech's total current assets for the quarter that ended in Mar. 2024 was ₹978 Mil.

Deem Roll Tech Total Current Assets Historical Data

The historical data trend for Deem Roll 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.

* Premium members only.

Deem Roll Tech Total Current Assets Chart

Deem Roll Tech Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

445.34

487.39

570.77

977.72

Deem Roll Tech Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Total Current Assets	445.34	487.39	570.77	640.32	977.72

Deem Roll 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.

Deem Roll Tech's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	240.822	+	235.535	+	384.461	+	116.897
	=	978

Deem Roll Tech's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	240.822	+	235.535	+	384.461	+	116.897
	=	978

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.

Deem Roll Tech (NSE:DEEM) 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.

Deem Roll Tech's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	240.822	-	498.261	+	0.75 * 235.535	+	0.5 * 384.461
=	111

Deem Roll Tech Total Current Assets Related Terms

Thank you for viewing the detailed overview of Deem Roll Tech's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Deem Roll Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Deem Roll Tech Ltd (NSE:DEEM) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

C-3/301, S.G. Highway, Anushruti Apartment, Nr. Jain Mandir, Opp New York Tower, Ahmedabad, GJ, IND, 380054

Website

https://www.deemrolls.com

Deem Roll Tech Ltd is a manufacturers of high-quality steel and alloy Rolls in India. The company comprises three fully integrated factories with machine shops, foundries and heat treatment plants. The company's products include S.G Iron or Ductile Iron Roll, Indefinite Chill Alloy Cast Iron, Alloy Steel Base, Double Poured Alloy Indefinite Chil, HSS Rolls, Spheroidal Graphite Iron Rolls, etc. The company generates the majority of its revenue from sales in Gujarat, followed by Kolkata.

Deem Roll Tech Headlines

No Headlines