Saudi Arabian Mining Co (SAU:1211) Total Current Assets : ﷼29,210 Mil (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Saudi Arabian Mining Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Saudi Arabian Mining Co's total current assets for the quarter that ended in Dec. 2023 was ﷼29,210 Mil.

Saudi Arabian Mining Co Total Current Assets Historical Data

The historical data trend for Saudi Arabian Mining 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.

Saudi Arabian Mining Co Total Current Assets Chart

Saudi Arabian Mining Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

15,802.65

14,932.59

21,438.92

31,134.14

29,210.40

Saudi Arabian Mining Co 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															31,134.14	31,238.10	28,007.12	27,857.31	29,210.40

Saudi Arabian Mining 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.

Saudi Arabian Mining Co'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
	=	15230.182	+	5583.38	+	7200.234	+	1196.6
	=	29,210

Saudi Arabian Mining Co'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
	=	15230.182	+	5583.38	+	7200.234	+	1196.6
	=	29,210

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.

Saudi Arabian Mining Co (SAU:1211) 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.

Saudi Arabian Mining Co'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)
=	15230.182	-	55058.359	+	0.75 * 5071.547	+	0.5 * 7200.234
=	-32,424

Saudi Arabian Mining Co Total Current Assets Related Terms

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

Saudi Arabian Mining Co (SAU:1211) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Saudi Arabian Mining Co (SAU:1211) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537

Website

https://www.maaden.com.sa

Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

Saudi Arabian Mining Co (SAU:1211) Headlines

No Headlines