TBI Corn (NSE:TBI) Total Current Assets : ₹877.6 Mil (As of Mar. 2024)

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What is TBI Corn Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. TBI Corn's total current assets for the quarter that ended in Mar. 2024 was ₹877.6 Mil.

TBI Corn Total Current Assets Historical Data

The historical data trend for TBI Corn'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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TBI Corn Total Current Assets Chart

TBI Corn Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

366.65

362.38

701.24

877.58

TBI Corn Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial			362.38	701.24	919.64	871.70	877.58

TBI Corn 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.

TBI Corn'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
	=	12.742	+	309.014	+	508.724	+	47.095
	=	877.6

TBI Corn'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
	=	12.742	+	309.014	+	508.724	+	47.095
	=	877.6

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.

TBI Corn (NSE:TBI) 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.

TBI Corn'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)
=	12.742	-	588.8	+	0.75 * 309.014	+	0.5 * 508.724
=	-89.9

TBI Corn Total Current Assets Related Terms

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TBI Corn Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TBI Corn Ltd (NSE:TBI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

A5/3 & A5/4, MIDC, Miraj, Taluka - Miraj, District - Sangli, Sangli, MH, IND, 416410

Website

https://www.tbicorn.com

TBI Corn Ltd is a manufacturer in the corn grits industry. It offers a diverse varieties of products, including cleaned and fat-free Corn Grits/Meal, Corn Flakes, Stone-free Broken Maize & Corn Flour, and Turmeric Finger, all manufactured without chemical additives or preservatives and GMO-free. The company products have a presence, including UAE, Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, Yemen, Jordan, Israel, Liberia, Sri Lanka, Malaysia, Brunei, Vietnam, and South Korea, and plans to venture into Europe and the USA. Key revenue is generated from Dubai.