Asset Plus (NZSE:APL) Total Current Assets : NZ$74.25 Mil (As of Mar. 2024)

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What is Asset Plus Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Asset Plus's total current assets for the quarter that ended in Mar. 2024 was NZ$74.25 Mil.

Asset Plus Total Current Assets Historical Data

The historical data trend for Asset Plus'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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Asset Plus Total Current Assets Chart

Asset Plus Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Current Assets

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1.52

48.30

54.53

110.73

74.25

Asset Plus Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Current Assets	Get a 7-Day Free Trial															54.53	72.14	110.73	74.20	74.25

Asset Plus 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.

Asset Plus'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
	=	9.056	+	0.338	+	0	+	64.86
	=	74.25

Asset Plus'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
	=	9.056	+	0.338	+	0	+	64.86
	=	74.25

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.

Asset Plus (NZSE:APL) 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.

Asset Plus'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)
=	9.056	-	49.096	+	0.75 * 0	+	0.5 * 0
=	-40.04

Asset Plus Total Current Assets Related Terms

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Asset Plus (NZSE:APL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Asset Plus Ltd (NZSE:APL) » Definitions » Total Current Assets

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Address

30 Gaunt Street, Level 2, Bayleys House, Wynyard Quarter, Auckland, NTL, NZL, 1010

Website

https://www.assetplusnz.co.nz

Asset Plus Ltd is a commercial property investment company. Its investment portfolio includes investments in retail, industrial, and commercial buildings throughout New Zealand. Its objective of property investment is to deliver consistent dividends and growth in capital value for its shareholders.

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