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Ernst Russ AG (XTER:HXCK) Total Current Assets : €83.2 Mil (As of Dec. 2023)


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What is Ernst Russ AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ernst Russ AG's total current assets for the quarter that ended in Dec. 2023 was €83.2 Mil.

Ernst Russ AG Total Current Assets Historical Data

The historical data trend for Ernst Russ AG'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.

Ernst Russ AG Total Current Assets Chart

Ernst Russ AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.02 31.02 42.70 77.58 83.20

Ernst Russ AG Quarterly Data
Jun18 Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.58 - 66.58 - 83.20

Ernst Russ AG 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.

Ernst Russ AG'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
=67.301+2.876+2.456+10.565
=83.2

Ernst Russ AG'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
=67.301+2.876+2.456+10.565
=83.2

* 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.

Ernst Russ AG  (XTER:HXCK) 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.

Ernst Russ AG'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)
=67.301-80.183+0.75 * 2.661+0.5 * 2.456
=-9.7

* 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.

Ernst Russ AG Total Current Assets Related Terms

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Ernst Russ AG (XTER:HXCK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ernst Russ AG (XTER:HXCK) » Definitions » Total Current Assets
Comparable Companies
HAM:NEP FRA:EUK3 BOM:532921 XTER:HLAG HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 SHSE:601018 HKSE:00316 TSE:9107 HKSE:01138 ADX:ADNOCLS ADX:ADPORTS XKRX:011200 XKLS:3816 HKSE:06198
Traded in Other Exchanges
HXCK:Germany HXCK:Germany HXCK:Germany
Address
Elbchaussee 370, Hamburg, DEU, Elbchaussee 370
Website
https://www.ernst-russ.de
Ernst Russ AG is a principal investment firm specializing in fund of fund investments. It operates in the Shipping and Alternative Investment segment. Within the Shipping segment, it focuses on structuring and asset management of investment vehicles for ships on its own behalf and on behalf of third parties. The Asset Classes , life insurance , secondary market and aircraft are managed in the Alternative Investments segment. The firm's majority of revenue comes from Germany through the shipping segment.
Executives
Robert Lorenz-meyer Supervisory Board
Robert Gärtner Board of Directors
Ingo Kuhlmann Supervisory Board
Alexander Stuhlmann Supervisory Board

Ernst Russ AG (XTER:HXCK) Headlines

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