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United Mining Industries Co (SAU:9583) Total Current Assets : ﷼152.2 Mil (As of Jun. 2024)


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What is United Mining Industries Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. United Mining Industries Co's total current assets for the quarter that ended in Jun. 2024 was ﷼152.2 Mil.

United Mining Industries Co Total Current Assets Historical Data

The historical data trend for United Mining Industries 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.

United Mining Industries Co Total Current Assets Chart

United Mining Industries Co Annual Data
Trend Dec22 Dec23
Total Current Assets
153.58 141.10

United Mining Industries Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Total Current Assets 153.58 - 141.10 152.17

United Mining Industries 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.

United Mining Industries 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
=22.733+69.695+47.041+1.631
=141.1

United Mining Industries 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
=23.325+80.121+48.719+0
=152.2

* 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.

United Mining Industries Co  (SAU:9583) 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.

United Mining Industries 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)
=23.325-174.599+0.75 * 73.877+0.5 * 48.719
=-71.5

* 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.

United Mining Industries Co Total Current Assets Related Terms

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United Mining Industries Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United Mining Industries Co (SAU:9583) » Definitions » Total Current Assets
Comparable Companies
SAU:3008 SAU:2090 SAU:9575 SAU:9611 SAU:9566 SAU:3005 SAU:9514 SAU:9565 SAU:3091 SAU:3090 CRH XSWX:HOLN BOM:532538 XTER:HEI VMC MLM NSE:GRASIM SHSE:600585 BOM:500425 BOM:500387
Traded in Other Exchanges
N/A
Address
Al Madinah Al Munawarah Street, Salamah District, Salamah Tower, Floor No. 4, Office No. 403, Jeddah, SAU, 23525
Website
https://www.ugc.com.sa
United Mining Industries Co is engaged in manufacturing and selling raw materials extracted from mines and mining of gypsum and anhydrite based on a license from the Ministry of Industry and Mineral Resources. It is one of the companies in the field of manufacturing gypsum and cement building materials and products in the Kingdom of Saudi Arabia. It offers products such as Gypsum Board, Fiber Cement Board, Gypsum Powder, and others. The company has three business segments: Fiber cement board, Gypsum board, and Others. It earns the majority of its revenue from Gypsum Board Segment.

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