Molan Steel Co (SAU:9553) Total Current Assets : ﷼38.59 Mil (As of Jun. 2024)

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What is Molan Steel Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Molan Steel Co's total current assets for the quarter that ended in Jun. 2024 was ﷼38.59 Mil.

Molan Steel Co Total Current Assets Historical Data

The historical data trend for Molan Steel 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.

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Molan Steel Co Total Current Assets Chart

Molan Steel Co Annual Data

Trend

Dec21

Dec22

Dec23

Total Current Assets

33.45

50.11

48.51

Molan Steel Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial			-	50.11	5,318.06	48.51	38.59

Molan Steel 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.

Molan Steel 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
	=	9.429	+	15.186	+	9.88	+	14.011
	=	48.51

Molan Steel Co'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
	=	2.545	+	11.975	+	14.085	+	9.985
	=	38.59

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.

Molan Steel Co (SAU:9553) 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.

Molan Steel Co'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)
=	2.545	-	15.768	+	0.75 * 11.893	+	0.5 * 14.085
=	2.74

Molan Steel Co Total Current Assets Related Terms

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Molan Steel Co Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road Exit No 16, Palladium Center Complex PO Box 7090, AlFarouq District, Riyadh, SAU, 14323

Website

https://molansteel.com

Molan Steel Co is engaged in supply and sale of iron products represented in iron tins of all kinds, iron bridges of all kinds, and iron angles.

Molan Steel Co Headlines

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