Azorean-Aquatic Technologies (XPAR:MLAAT) Total Current Assets : €0.10 Mil (As of Dec. 2019)

View and export this data going back to 2016. Start your Free Trial

What is Azorean-Aquatic Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Azorean-Aquatic Technologies's total current assets for the quarter that ended in Dec. 2019 was €0.10 Mil.

Azorean-Aquatic Technologies Total Current Assets Historical Data

The historical data trend for Azorean-Aquatic 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.

Azorean-Aquatic Technologies Total Current Assets Chart

Azorean-Aquatic Technologies Annual Data

Trend

Dec18

Dec19

Total Current Assets

0.09

0.10

Azorean-Aquatic Technologies Semi-Annual Data
	Dec18	Dec19
Total Current Assets	0.09	0.10

Azorean-Aquatic 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.

Azorean-Aquatic Technologies's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.004	+	0.02	+	0	+	0.076
	=	0.10

Azorean-Aquatic Technologies's Total Current Assets for the quarter that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.004	+	0.02	+	0	+	0.076
	=	0.10

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.

Azorean-Aquatic Technologies (XPAR:MLAAT) 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.

Azorean-Aquatic Technologies's Liquidation Value for the quarter that ended in Dec. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.004	-	0.373	+	0.75 * 0.02	+	0.5 * 0
=	-0.35

Azorean-Aquatic Technologies Total Current Assets Related Terms

Thank you for viewing the detailed overview of Azorean-Aquatic Technologies's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Azorean-Aquatic Technologies (XPAR:MLAAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Azorean-Aquatic Technologies SA (XPAR:MLAAT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua da Pranchinha N 92, Ponta Delgada, PRT, 9500-331

Website

https://www.azorean.eu

Azorean-Aquatic Technologies SA provides solutions to produce instruments and autonomous robots for different market segments from leisure to business and scientific exploration. Its product includes Ziphius, an aquatic civilian drone for the general public, controlled by Wi-Fi via smartphone or tablet PC, able to move at a speed of up to 10 kph and capable of taking and sharing photos and videos.

Azorean-Aquatic Technologies (XPAR:MLAAT) Headlines

No Headlines