New Zealand Rural Land Co (NZSE:NZL) Total Current Assets : NZ$18.80 Mil (As of Dec. 2024)

View and export this data going back to 2020. Start your Free Trial

What is New Zealand Rural Land Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. New Zealand Rural Land Co's total current assets for the quarter that ended in Dec. 2024 was NZ$18.80 Mil.

New Zealand Rural Land Co Total Current Assets Historical Data

The historical data trend for New Zealand Rural Land Co'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.

* Premium members only.

New Zealand Rural Land Co Total Current Assets Chart

New Zealand Rural Land Co Annual Data

Trend

Jun22

Dec23

Dec24

Total Current Assets

2.10

1.64

18.80

New Zealand Rural Land Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Current Assets	Get a 7-Day Free Trial			2.22	0.73	1.64	7.30	18.80

New Zealand Rural Land Co 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.

New Zealand Rural Land Co's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.52	+	1.127	+	0	+	12.148
	=	18.80

New Zealand Rural Land Co's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.52	+	1.127	+	0	+	12.148
	=	18.80

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.

New Zealand Rural Land Co (NZSE:NZL) 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.

New Zealand Rural Land Co's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	5.52	-	212.801	+	0.75 * 1.127	+	0.5 * 0
=	-206.44

New Zealand Rural Land Co Total Current Assets Related Terms

Thank you for viewing the detailed overview of New Zealand Rural Land Co's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

New Zealand Rural Land Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Zealand Rural Land Co Ltd (NZSE:NZL) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

8UK:Germany

Address

85 Fort Street, Level 1, Auckland Central, Auckland, NZL, 1010

Website

https://www.nzrlc.co.nz

New Zealand Rural Land Co Ltd operates as a real estate company that offers investors exposure to rural land as an asset class without direct involvement in agricultural operations. Its principal activity is an investment in New Zealand's rural farmland. The company seeks an opportunity to focus on dairyland, due to a combination of recent legislative and bank lending changes.

New Zealand Rural Land Co Headlines

No Headlines