TWFG (TWFG) Total Current Assets : $234.1 Mil (As of Sep. 2024)

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What is TWFG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. TWFG's total current assets for the quarter that ended in Sep. 2024 was $234.1 Mil.

TWFG Total Current Assets Historical Data

The historical data trend for TWFG'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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TWFG Total Current Assets Chart

TWFG Annual Data

Trend

Dec22

Dec23

Total Current Assets

88.72

75.11

TWFG Quarterly Data
	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial			-	75.11	188.52	75.35	234.13

TWFG 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.

TWFG'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
	=	39.297	+	25.064	+	0	+	10.747
	=	75.1

TWFG's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	191.196	+	31.683	+	0	+	11.248
	=	234.1

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.

TWFG (NAS:TWFG) 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.

TWFG's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	191.196	-	44.959	+	0.75 * 31.683	+	0.5 * 0
=	170.0

TWFG Total Current Assets Related Terms

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TWFG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » TWFG Inc (NAS:TWFG) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

1201 Lake Woodlands Drive, Suite 4020, The Woodlands, TX, USA, 77380

Website

https://www.twfg.com

TWFG Inc is a independent distribution platform for personal and commercial insurance in the United States. It offers all lines of insurance, multiple distribution contract options, M&A services, proprietary virtual assistants, proprietary technology, proprietary premium financing, unlimited continuing education, recognition programs, co-op funding, marketing support and overall lower costs to operate.