Netfonds AG (XTER:NF4) Total Current Assets : €53.1 Mil (As of Jun. 2024)

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What is Netfonds AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Netfonds AG's total current assets for the quarter that ended in Jun. 2024 was €53.1 Mil.

Netfonds AG Total Current Assets Historical Data

The historical data trend for Netfonds 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.

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Netfonds AG Total Current Assets Chart

Netfonds AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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43.23

56.76

42.95

40.05

48.78

Netfonds AG Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24
Total Current Assets	Get a 7-Day Free Trial					42.95	40.05	-	48.78	53.08

Netfonds 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.

Netfonds 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
	=	4.243	+	39.377	+	0	+	5.159
	=	48.8

Netfonds AG's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.85	+	45.342	+	0	+	2.891
	=	53.1

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.

Netfonds AG (XTER:NF4) 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.

Netfonds AG's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.85	-	53.19	+	0.75 * 45.169	+	0.5 * 0
=	-14.5

Netfonds AG Total Current Assets Related Terms

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Netfonds AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Netfonds AG (XTER:NF4) » Definitions » Total Current Assets

Traded in Other Exchanges

NF4:Germany NF4:Germany

Address

Heidenkampsweg 73, Hamburg, NW, DEU, 20097

Website

https://www.netfonds.de

Netfonds AG is a service provider in the areas of finance and insurance. The company offers investment and financial advice to agents, banks, and financial distributors. Netfonds is a well-established concept for independent consultants and insurance brokers. As a broker pool, liability umbrella, multiple agents, asset manager, fund manager, and product provider, Netfonds offers a broad range of services so that advice can become a real added value for the customer. The range of services includes legal and regulatory services in the investment fund, insurance, pension, and financing product categories.

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