Hagen Bikes Holding AS (OTSE:HAGEN) Total Current Assets : €0.12 Mil (As of Jun. 2023)

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What is Hagen Bikes Holding AS Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hagen Bikes Holding AS's total current assets for the quarter that ended in Jun. 2023 was €0.12 Mil.

Hagen Bikes Holding AS Total Current Assets Historical Data

The historical data trend for Hagen Bikes Holding 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.

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Hagen Bikes Holding AS Total Current Assets Chart

Hagen Bikes Holding AS Annual Data

Trend

Jan19

Jan20

Total Current Assets

0.02

Hagen Bikes Holding AS Semi-Annual Data
	Jan19	Jan20	Jan21	Jun22	Jun23
Total Current Assets	0.02	0.02	0.13	0.26	0.12

Hagen Bikes Holding 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.

Hagen Bikes Holding AS's Total Current Assets for the fiscal year that ended in Jan. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.001	+	0	+	0.023	+	0
	=	0.02

Hagen Bikes Holding AS's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.013	+	0.013	+	0.08	+	0.009
	=	0.12

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.

Hagen Bikes Holding AS (OTSE:HAGEN) 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.

Hagen Bikes Holding AS's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.013	-	0.203	+	0.75 * 0.013	+	0.5 * 0.08
=	-0.14

Hagen Bikes Holding AS Total Current Assets Related Terms

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Hagen Bikes Holding AS (OTSE:HAGEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hagen Bikes Holding AS (OTSE:HAGEN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kopli tee 1/2-5, Peetri Township, Harju County, Rae Parish, EST

Website

https://www.hagenbikes.com

Hagen Bikes Holding AS is engaged in the production and development of cargo and box bicycles.

Hagen Bikes Holding AS (OTSE:HAGEN) Headlines

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