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GraceKennedy (TRN:GKC) Total Current Assets : TTD4,980 Mil (As of Mar. 2024)


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What is GraceKennedy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GraceKennedy's total current assets for the quarter that ended in Mar. 2024 was TTD4,980 Mil.

GraceKennedy Total Current Assets Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Total Current Assets Chart

GraceKennedy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,045.83 4,130.87 4,783.85 2,953.13 3,079.55

GraceKennedy 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,767.48 4,696.72 5,134.78 3,079.55 4,979.57

GraceKennedy 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.

GraceKennedy'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
=1177.689+818.87+932.736+150.255
=3,080

GraceKennedy'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
=1117.773+2848.574+886.02+127.204
=4,980

* 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.

GraceKennedy  (TRN:GKC) 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.

GraceKennedy'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)
=1117.773-6110.954+0.75 * 1019.996+0.5 * 886.02
=-3,785

* 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.

GraceKennedy Total Current Assets Related Terms

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GraceKennedy (TRN:GKC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GraceKennedy Ltd (TRN:GKC) » Definitions » Total Current Assets
Comparable Companies
XJAM:SEP XJAM:SALF XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K MKC SGX:F34 SAU:2280 DUB:KRZ HKSE:02319
Traded in Other Exchanges
GK:Jamaica
Address
42-56 Harbour Street, Kingston, JAM
Website
https://www.gracekennedy.com
GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

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