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Pritika Engineering Components (NSE:PRITIKA) Total Current Assets : ₹406.9 Mil (As of Mar. 2023)


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What is Pritika Engineering Components Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Pritika Engineering Components's total current assets for the quarter that ended in Mar. 2023 was ₹406.9 Mil.


Pritika Engineering Components Total Current Assets Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Total Current Assets Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Current Assets
130.72 179.14 284.28 406.91

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Total Current Assets 130.72 179.14 284.28 357.63 406.91

Pritika Engineering Components 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.

Pritika Engineering Components's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Pritika Engineering Components's Total Current Assets for the quarter that ended in Mar. 2023 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.


Pritika Engineering Components  (NSE:PRITIKA) 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.

Pritika Engineering Components'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)
=51.456-687.396+0.75 * 133.396+0.5 * 154.887
=-458.4

* 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.


Pritika Engineering Components Total Current Assets Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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