Spark Technology AS (OCSE:SPARK) Total Current Assets: kr44.31 Mil (As of Jun. 2024)


What is Spark Technology AS Total Current Assets?

Spark Technology AS OCSE:SPARK Total Current Assets is kr44.31 Mil as of Jun. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spark Technology AS's total current assets for the quarter that ended in Jun. 2024 was kr44.31 Mil.

Spark Technology AS  (OCSE:SPARK) 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.

Spark Technology AS's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=12.424-104.768+0.75 * 17.938+0.5 * 2.721
=-77.53

* 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.

Spark Technology AS Total Current Assets Related Terms

Spark Technology AS Total Current Assets Historical Data

* Premium members only.

The historical data trend for Spark Technology AS'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.

Spark Technology AS Total Current Assets Chart

Spark Technology AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.13 8.57 78.74 86.80 60.44

Spark Technology AS Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.80 86.80 53.93 60.44 44.31

Spark Technology AS 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.

Spark Technology AS's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=9.273+43.083+4.429+3.652
=60.44

Spark Technology AS's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=12.424+23.739+2.721+5.428
=44.31

* 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.

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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of kr44.31 Mil mean?
Spark Technology AS (OCSE:SPARK) has a Total Current Assets of kr44.31 Mil as of Jun. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Spark Technology AS and its competitors.
Is Spark Technology AS's Total Current Assets too high?
Spark Technology AS's current Total Current Assets is kr44.31 Mil.
How does Spark Technology AS's Total Current Assets compare to MS and GS?
Spark Technology AS's Total Current Assets of kr44.31 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for a Capital Markets company?
A good Total Current Assets depends on the Capital Markets industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Spark Technology AS and its competitors. Spark Technology AS's current Total Current Assets is kr44.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark Technology AS stock overvalued right now?
Spark Technology AS (OCSE:SPARK) has a current Total Current Assets of kr44.31 Mil. The current Total Current Assets is kr44.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Spark Technology AS (OCSE:SPARK), the current Total Current Assets is kr44.31 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spark Technology AS Business Description

Address H 76, 4, Copenhagen S, DNK, 2300
Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.