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TRSG (Tungray Technologies) Total Current Assets : $18.53 Mil (As of Dec. 2023)


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What is Tungray Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tungray Technologies's total current assets for the quarter that ended in Dec. 2023 was $18.53 Mil.

Tungray Technologies Total Current Assets Historical Data

The historical data trend for Tungray Technologies'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.

Tungray Technologies Total Current Assets Chart

Tungray Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
11.70 18.64 17.86 18.53

Tungray Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial 18.64 18.31 17.86 18.07 18.53

Tungray Technologies 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.

Tungray Technologies'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
=10.802+4.134+2.284+1.309
=18.53

Tungray Technologies'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
=10.802+4.134+2.284+1.309
=18.53

* 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.

Tungray Technologies  (NAS:TRSG) 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.

Tungray Technologies'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)
=10.802-10.649+0.75 * 4.28+0.5 * 2.284
=4.51

* 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.

Tungray Technologies Total Current Assets Related Terms

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Tungray Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tungray Technologies Inc (NAS:TRSG) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Innovation Place Tower 4, No. 02-01, 31 Mandai Estate, Singapore, SGP, 729933
Website
https://www.tungray.tech
Tungray Technologies Inc is an engineer-to-order company that provides custom industrial manufacturing solutions to original equipment manufacturers in the semiconductor, printer, electronics, and home appliance industries. It predominantly generates revenue through the manufacture of custom industrial manufacturing solutions, direct drive and linear DC motors, and induction welding equipment. Geographically, the company generates a majority of its revenue from Singapore and the rest from China.