Milton Industries (NSE:MILTON) Total Current Assets: ₹609.7 Mil (As of Mar. 2024)


NSE:MILTON Milton Industries Ltd NSE:MILTON
4 GF Score
Price ₹39.95
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What is Milton Industries Total Current Assets?

Milton Industries NSE:MILTON 4 Total Current Assets is ₹609.7 Mil as of Mar. 2024. GuruFocus rates NSE:MILTON with a GF Score™ of 4/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Milton Industries's total current assets for the quarter that ended in Mar. 2024 was ₹609.7 Mil.

Milton Industries  (NSE:MILTON) 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.

Milton Industries'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)
=6.649-268.968+0.75 * 245.218+0.5 * 249.903
=46.5

* 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.

Milton Industries Total Current Assets Related Terms

Milton Industries Total Current Assets Historical Data

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The historical data trend for Milton Industries'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.

Milton Industries Total Current Assets Chart

Milton Industries Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 587.66 505.54 486.15 606.92 609.74

Milton Industries Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 587.66 505.54 486.15 606.92 609.74
NSE:MILTON
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Milton Industries Ltd NSE:MILTON
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Milton Industries 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.

Milton Industries'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
=6.649+325.468+249.903+27.716
=609.7

Milton Industries'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
=6.649+325.468+249.903+27.716
=609.7

* 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 ₹609.7 Mil mean?
Milton Industries (NSE:MILTON) has a Total Current Assets of ₹609.7 Mil as of Mar. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Milton Industries and its competitors.
Is Milton Industries' Total Current Assets too high?
Milton Industries' current Total Current Assets is ₹609.7 Mil. Overall, Milton Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Milton Industries' Total Current Assets compare to SSD and UFPI?
Milton Industries' Total Current Assets of ₹609.7 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Total Current Assets depends on the Forest Products 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 Milton Industries and its competitors. Milton Industries's current Total Current Assets is ₹609.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Milton Industries stock overvalued right now?
Milton Industries (NSE:MILTON) has a current Total Current Assets of ₹609.7 Mil. The current Total Current Assets is ₹609.7 Mil. Milton Industries' overall GF Score™ is 4/100. 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 Milton Industries (NSE:MILTON), the current Total Current Assets is ₹609.7 Mil as of Mar. 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.

Milton Industries Business Description

Address Ashram Road, 1/2, Chitra-Ami Appartment, Opposite La Gajjar Chamber, Ahmedabad, GJ, IND, 380009
Milton Industries Ltd is engaged in the manufacturing of laminated sheets and other allied products. The firm produces artificial leather cloth and glass fiber reinforced epoxy (GFRE) sheets. It also manufactures, exports high-pressure laminates, industrial laminates, laminated boards, flooring laminates, artificial leather cloth, and other products. The business operates in three segments: Laminate, Rexine, and GFRE, of which the majority of the revenue comes from the GFRE division. The company's products are applicable on walls, doors, windows, cupboards, tabletops, hotels, cash counters and home kitchens. The majority of the revenue comes from the Indian market.
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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹39.95
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