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Fire & Gas Detection Technologies (XTAE:FGAS) Total Current Assets : ₪60.55 Mil (As of Dec. 2023)


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What is Fire & Gas Detection Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Fire & Gas Detection Technologies's total current assets for the quarter that ended in Dec. 2023 was ₪60.55 Mil.


Fire & Gas Detection Technologies Total Current Assets Historical Data

The historical data trend for Fire & Gas Detection 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.

Fire & Gas Detection Technologies Total Current Assets Chart

Fire & Gas Detection Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial 14.97 36.15 42.75 32.97 60.55

Fire & Gas Detection Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.75 41.06 32.97 34.76 60.55

Fire & Gas Detection 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.

Fire & Gas Detection Technologies's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Fire & Gas Detection Technologies's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.


Fire & Gas Detection Technologies  (XTAE:FGAS) 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.

Fire & Gas Detection 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)
=27.151-32.411+0.75 * 4.681+0.5 * 25.172
=10.84

* 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.


Fire & Gas Detection Technologies Total Current Assets Related Terms

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Fire & Gas Detection Technologies (XTAE:FGAS) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Bror Hayil, Ashkelon Beach, Ashkelon, ISR, 693709
Fire & Gas Detection Technologies Ltd is engaged in the business of providing flame detection systems to the Oil & Gas industry.

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