Next Digital (Next Digital) Total Current Assets : $61.70 Mil (As of Sep. 2020)

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What is Next Digital Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Next Digital's total current assets for the quarter that ended in Sep. 2020 was $61.70 Mil.

Next Digital Total Current Assets Historical Data

The historical data trend for Next Digital'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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Next Digital Total Current Assets Chart

Next Digital Annual Data

Trend

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Total Current Assets

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143.88

135.81

101.81

81.34

56.76

Next Digital Semi-Annual Data
	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20
Total Current Assets	Get a 7-Day Free Trial															85.71	81.34	67.83	56.76	61.70

Next Digital 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.

Next Digital's Total Current Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	17.732	+	16.845	+	6.255	+	15.923
	=	56.76

Next Digital's Total Current Assets for the quarter that ended in Sep. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	24.6	+	16.572	+	6.374	+	14.149
	=	61.70

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.

Next Digital (GREY:NXMDF) 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.

Next Digital's Liquidation Value for the quarter that ended in Sep. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	24.6	-	192.373	+	0.75 * 16.572	+	0.5 * 6.374
=	-152.16

Next Digital Total Current Assets Related Terms

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Next Digital (Next Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Next Digital Ltd (GREY:NXMDF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Chun Ying Street, 1st Floor, Tseung Kwan O Industrial Estate, New Territories, Tseung Kwan O, Hong Kong, HKG

Website

http://www.nextdigital.com.hk

Next Digital Ltd is engaged in the print media business. Business activity of the firm is operated by the Digital Businesses and Print Business segment. The Digital Business segment includes Internet advertising, Internet subscription, content provision, and the development of mobile games and apps. The Print Business segment which derives majority revenue relates to the sale of newspapers, books and magazines and provision of newspapers, books and magazines printing and advertising services. Geographically, it operates in Hong Kong, Taiwan, and Other countries out of which Hong Kong accounts for the majority revenue.

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