Ethernity Networks (STU:82N) Total Current Assets : €2.88 Mil (As of Dec. 2023)

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What is Ethernity Networks Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ethernity Networks's total current assets for the quarter that ended in Dec. 2023 was €2.88 Mil.

Ethernity Networks Total Current Assets Historical Data

The historical data trend for Ethernity Networks'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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Ethernity Networks Total Current Assets Chart

Ethernity Networks Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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4.17

3.09

8.08

2.96

2.88

Ethernity Networks Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial													8.08	6.10	2.96	2.84	2.88

Ethernity Networks 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.

Ethernity Networks'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
	=	1.828	+	0.171	+	0.492	+	0.392
	=	2.88

Ethernity Networks'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
	=	1.828	+	0.171	+	0.492	+	0.392
	=	2.88

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.

Ethernity Networks (STU:82N) 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.

Ethernity Networks'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)
=	1.828	-	3.447	+	0.75 * 0.171	+	0.5 * 0.492
=	-1.24

Ethernity Networks Total Current Assets Related Terms

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Ethernity Networks Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ethernity Networks Ltd (STU:82N) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

ENETF:USA ENET:UK

Address

1 Golan Street, Corner HaNegev, Beit Golan, 3rd Floor, Airport City, ISR, 7019900

Website

https://www.ethernitynet.com

Ethernity Networks Ltd technology solutions provider that develops and delivers data processing technology and solutions used in high-end Carrier Ethernet applications across the telecom, mobile, security, and data center markets. The company's only operating segment is the development and delivery of high-end network processing technology. Geographically, it derives a majority of its revenue from the United States and also has a presence in Asia, Europe, Israel, and the United States. Its product categories include ENET Network Appliances, PON Devices ACE-NIC SmartNICs, ENET Flow Processors, and FPGA Boards.

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