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PITEF (Heramba Electric) Total Current Assets : $2.79 Mil (As of Dec. 2023)


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What is Heramba Electric Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Heramba Electric's total current assets for the quarter that ended in Dec. 2023 was $2.79 Mil.

Heramba Electric Total Current Assets Historical Data

The historical data trend for Heramba Electric'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.

Heramba Electric Total Current Assets Chart

Heramba Electric Annual Data
Trend Dec22 Dec23
Total Current Assets
0.03 2.79

Heramba Electric Semi-Annual Data
Dec22 Jun23 Dec23
Total Current Assets 0.03 5.08 2.79

Heramba Electric 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.

Heramba Electric'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
=1.116+0+0+1.678
=2.79

Heramba Electric'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
=1.116+0+0+1.678
=2.79

* 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.

Heramba Electric  (OTCPK:PITEF) 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.

Heramba Electric'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)
=1.116-6.162+0.75 * 0+0.5 * 0
=-5.05

* 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.

Heramba Electric Total Current Assets Related Terms

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Heramba Electric Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Heramba Electric PLC (OTCPK:PITEF) » Definitions » Total Current Assets
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Traded in Other Exchanges
N/A
Address
Kiepe Platz 1, Dusseldorf, NW, DEU, D-40599
Website
https://www.kiepe-elektrik.com
Heramba Electric PLC provides electric mobility products and solutions for rail vehicles and buses. It offers its services to public transport companies, fleet operators and vehicle manufacturers as a solution designer and system integrator of electrical systems for rail vehicle systems (including trams, light rail vehicles, metros, regional trains and locomotives) and electrical vehicle systems (including electric buses, such as pure electric In Motion Charging trolley buses and battery electric buses). As an electrical engineering specialist, the Company supplies urban operators and rail vehicle and bus manufacturers with electrical systems for ecologically sustainable and emission-free public transportation solutions.