Thaai Casting (NSE:TCL) Total Current Assets : ₹859.4 Mil (As of Sep. 2024)

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What is Thaai Casting Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Thaai Casting's total current assets for the quarter that ended in Sep. 2024 was ₹859.4 Mil.

Thaai Casting Total Current Assets Historical Data

The historical data trend for Thaai Casting'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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Thaai Casting Total Current Assets Chart

Thaai Casting Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

99.02

151.17

208.32

699.54

Thaai Casting Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24	Sep24
Total Current Assets	99.02	151.17	208.32	699.54	859.39

Thaai Casting 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.

Thaai Casting'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
	=	115.236	+	119.06	+	276.585	+	188.661
	=	699.5

Thaai Casting's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	6.369	+	427.186	+	350.548	+	75.288
	=	859.4

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.

Thaai Casting (NSE:TCL) 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.

Thaai Casting's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.369	-	1062.881	+	0.75 * 246.822	+	0.5 * 350.548
=	-696.1

Thaai Casting Total Current Assets Related Terms

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Thaai Casting Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thaai Casting Ltd (NSE:TCL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105

Website

https://www.thaaicasting.com

Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.

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