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Knorr-Bremse AG (XTER:KBX) Total Current Assets : €4,519 Mil (As of Dec. 2023)


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What is Knorr-Bremse AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Knorr-Bremse AG's total current assets for the quarter that ended in Dec. 2023 was €4,519 Mil.

Knorr-Bremse AG Total Current Assets Historical Data

The historical data trend for Knorr-Bremse 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.

Knorr-Bremse AG Total Current Assets Chart

Knorr-Bremse AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only 4,223.19 4,597.33 3,937.64 4,402.26 4,518.79

Knorr-Bremse AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 4,402.26 4,457.98 4,290.07 4,470.47 4,518.79

Knorr-Bremse 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.

Knorr-Bremse 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
=1451.064+1436.645+1133.647+497.436
=4,519

Knorr-Bremse 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
=1451.064+1436.645+1133.647+497.436
=4,519

* 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.

Knorr-Bremse AG  (XTER:KBX) 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.

Knorr-Bremse 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)
=1451.064-5345.05+0.75 * 1359.282+0.5 * 1133.647
=-2,308

* 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.

Knorr-Bremse AG Total Current Assets Related Terms

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Knorr-Bremse AG (XTER:KBX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Knorr-Bremse AG (XTER:KBX) » Definitions » Total Current Assets
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Traded in Other Exchanges
KNBHF:USA KNRRY:USA KBX:Mexico KBXd:UK
Address
Moosacher Strasse 80, Munich, BY, DEU, 80809
Website
https://www.knorr-bremse.com
Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific.
Executives
Frank Markus Weber Board of Directors
Dr. Nicolas Lange Board of Directors
Marc Llistosella Board of Directors
Bernd Spies Board of Directors
Dr. Claudia Mayfeld Board of Directors
Dr. Jürgen Wilder Board of Directors
Dr. Jan Michael Mrosik Board of Directors

Knorr-Bremse AG (XTER:KBX) Headlines

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