Hong Tai Electric Industrial Co (TPE:1612) Total Current Assets : NT$5,216 Mil (As of Mar. 2024)

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What is Hong Tai Electric Industrial Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hong Tai Electric Industrial Co's total current assets for the quarter that ended in Mar. 2024 was NT$5,216 Mil.

Hong Tai Electric Industrial Co Total Current Assets Historical Data

The historical data trend for Hong Tai Electric Industrial 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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Hong Tai Electric Industrial Co Total Current Assets Chart

Hong Tai Electric Industrial Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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2,871.92

3,320.47

5,921.64

5,470.72

5,163.39

Hong Tai Electric Industrial Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															5,321.26	5,270.23	4,913.42	5,163.39	5,216.43

Hong Tai Electric Industrial 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.

Hong Tai Electric Industrial 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
	=	2247.347	+	1105.532	+	1733.892	+	76.616999999999
	=	5,163

Hong Tai Electric Industrial Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2416.5	+	886.642	+	1805.836	+	107.448
	=	5,216

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.

Hong Tai Electric Industrial Co (TPE:1612) 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.

Hong Tai Electric Industrial Co's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2416.5	-	887.811	+	0.75 * 814.276	+	0.5 * 1805.836
=	3,042

Hong Tai Electric Industrial Co Total Current Assets Related Terms

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Hong Tai Electric Industrial Co (TPE:1612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hong Tai Electric Industrial Co Ltd (TPE:1612) » Definitions » Total Current Assets

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Traded in Other Exchanges

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Address

No. 2, Guojian 1st Rd, Guanyin District, Taoyuan, TWN

Website

https://www.hong-tai.com.tw

Hong Tai Electric Industrial Co Ltd manufactures & distributes electric wires & cables. It provides cross-linked polyethylene power cables, communication wires & cables, copper-clad laminates, insulation materials, & photovoltaics among others. The Group is organized into business units based on their products and services and has three reportable operating departments as follows A Dept, B Dept, and other Operating Dept. The majority of revenue comes from B Dept.

Hong Tai Electric Industrial Co (TPE:1612) Headlines

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