Ramdevbaba Solvent (NSE:RBS) Total Current Assets : ₹988 Mil (As of Mar. 2023)

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What is Ramdevbaba Solvent Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ramdevbaba Solvent's total current assets for the quarter that ended in Mar. 2023 was ₹988 Mil.

Ramdevbaba Solvent Total Current Assets Historical Data

The historical data trend for Ramdevbaba Solvent'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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Ramdevbaba Solvent Total Current Assets Chart

Ramdevbaba Solvent Annual Data

Trend

Mar21

Mar22

Mar23

Total Current Assets

610.52

779.96

988.34

Ramdevbaba Solvent Semi-Annual Data
	Mar21	Mar22	Mar23
Total Current Assets	610.52	779.96	988.34

Ramdevbaba Solvent 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.

Ramdevbaba Solvent'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
	=	3.564	+	400.666	+	469.304	+	114.801
	=	988

Ramdevbaba Solvent'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
	=	3.564	+	400.666	+	469.304	+	114.801
	=	988

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.

Ramdevbaba Solvent (NSE:RBS) 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.

Ramdevbaba Solvent'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)
=	3.564	-	1427.936	+	0.75 * 387.077	+	0.5 * 469.304
=	-899

Ramdevbaba Solvent Total Current Assets Related Terms

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Ramdevbaba Solvent Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ramdevbaba Solvent Ltd (NSE:RBS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Avenue Road, Honey Arjun Kaushalya Tower, 2nd Floor, Block No. 205 and 206, Telephone Exchange Chowk, Near HDFC Bank, Nagpur, MH, IND, 440008

Website

https://www.ramdevbabasol.com

Ramdevbaba Solvent Ltd is engaged in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil. It manufactures and sells Rice Bran Oil to FMCG companies. The company manufactures Rice Bran Oil under its own brands Tulsi and Sehat and sells through distributors who in turn sell to various retailers across Maharashtra. The company also produces De-oiled Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil, and sells the same as cattle feed, poultry feed, and fish feed in the States of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu. The company generates all of its revenue from the sale of products.

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