Amber Grid AB (OVSE:AMG1L) Total Current Assets : €34.42 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Amber Grid AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Amber Grid AB's total current assets for the quarter that ended in Dec. 2023 was €34.42 Mil.

Amber Grid AB Total Current Assets Historical Data

The historical data trend for Amber Grid AB'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.

Amber Grid AB Total Current Assets Chart

Amber Grid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

46.78

60.61

108.13

256.18

34.42

Amber Grid AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															256.18	102.68	29.33	32.88	34.42

Amber Grid AB 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.

Amber Grid AB'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
	=	0.649	+	28.067	+	4.874	+	0.831
	=	34.42

Amber Grid AB's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.649	+	28.067	+	4.874	+	0.831
	=	34.42

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.

Amber Grid AB (OVSE:AMG1L) 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.

Amber Grid AB's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.649	-	145.863	+	0.75 * 9.03	+	0.5 * 4.874
=	-136.00

Amber Grid AB Total Current Assets Related Terms

Thank you for viewing the detailed overview of Amber Grid AB's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Amber Grid AB (OVSE:AMG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Amber Grid AB (OVSE:AMG1L) » Definitions » Total Current Assets

Traded in Other Exchanges

AMH:Germany

Address

Laisv?s pr. 10, Vilnius, LTU, LT-04215

Website

https://www.ambergrid.lt

Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

No Headlines