Paragon Fine and Speciality Chemical (NSE:PARAGON) Total Current Assets : ₹611 Mil (As of Mar. 2023)

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What is Paragon Fine and Speciality Chemical Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Paragon Fine and Speciality Chemical's total current assets for the quarter that ended in Mar. 2023 was ₹611 Mil.

Paragon Fine and Speciality Chemical Total Current Assets Historical Data

The historical data trend for Paragon Fine and Speciality Chemical'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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Paragon Fine and Speciality Chemical Total Current Assets Chart

Paragon Fine and Speciality Chemical Annual Data

Trend

Mar21

Mar22

Mar23

Total Current Assets

429.81

474.06

610.83

Paragon Fine and Speciality Chemical Semi-Annual Data
	Mar21	Mar22	Mar23
Total Current Assets	429.81	474.06	610.83

Paragon Fine and Speciality Chemical 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.

Paragon Fine and Speciality Chemical's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.892	+	271.315	+	222.556	+	104.068
	=	611

Paragon Fine and Speciality Chemical's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	12.892	+	271.315	+	222.556	+	104.068
	=	611

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.

Paragon Fine and Speciality Chemical (NSE:PARAGON) 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.

Paragon Fine and Speciality Chemical's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	12.892	-	486.432	+	0.75 * 271.098	+	0.5 * 222.556
=	-159

Paragon Fine and Speciality Chemical Total Current Assets Related Terms

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Paragon Fine and Speciality Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Paragon Fine and Speciality Chemical Ltd (NSE:PARAGON) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.paragonind.com

Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse range of products finds applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.

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