Tess Holdings Co (Tess Holdings Co) Total Current Assets : $290.09 Mil (As of Dec. 2023)

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What is Tess Holdings Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Tess Holdings Co's total current assets for the quarter that ended in Dec. 2023 was $290.09 Mil.

Tess Holdings Co Total Current Assets Historical Data

The historical data trend for Tess Holdings 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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Tess Holdings Co Total Current Assets Chart

Tess Holdings Co Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

240.49

290.70

455.37

289.89

193.70

Tess Holdings Co Quarterly Data
	Jun19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial										267.77	226.82	193.70	261.94	290.09

Tess Holdings 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.

Tess Holdings Co's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	108.653	+	25.842	+	15.485	+	43.72
	=	193.70

Tess Holdings Co'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
	=	186.052	+	40.262	+	17.801	+	45.971
	=	290.09

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.

Tess Holdings Co (OTCPK:TSSHF) 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.

Tess Holdings Co'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)
=	186.052	-	472.908	+	0.75 * 15.558	+	0.5 * 17.801
=	-266.29

Tess Holdings Co Total Current Assets Related Terms

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Tess Holdings Co (Tess Holdings Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Tess Holdings Co Ltd (OTCPK:TSSHF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

5074:Japan

Address

6-1-1 Nishinakajima, Yodogawa-ku, Shin-Osaka Prime Tower, Osaka, JPN, 532-0011

Website

https://www.tess-hd.co.jp

Tess Holdings Co Ltd is engaged in the development and electricity sales of renewable power plants and power retailing business. Further, it is also involved in the operation and maintenance of cogeneration and other environmental energy-saving systems.

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