Hiro Brands (ASX:HRO) Total Current Assets : A$0.03 Mil (As of Dec. 2021)

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What is Hiro Brands Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hiro Brands's total current assets for the quarter that ended in Dec. 2021 was A$0.03 Mil.

Hiro Brands Total Current Assets Historical Data

The historical data trend for Hiro Brands'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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Hiro Brands Total Current Assets Chart

Hiro Brands Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Current Assets

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1.57

4.24

5.69

0.54

2.89

Hiro Brands Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Total Current Assets	Get a 7-Day Free Trial								5.69	1.01	0.54	0.03	2.89

Hiro Brands 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.

Hiro Brands's Total Current Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.004	+	2.884	+	0	+	0
	=	2.89

Hiro Brands's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0	+	0.031	+	0	+	0
	=	0.03

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.

Hiro Brands (ASX:HRO) 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.

Hiro Brands's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0	-	0.719	+	0.75 * 0.031	+	0.5 * 0
=	-0.70

Hiro Brands Total Current Assets Related Terms

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Hiro Brands (ASX:HRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hiro Brands Ltd (ASX:HRO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Dalmore Drive, Scoresby, Melbourne, VIC, AUS, 3179

Website

https://www.hirobrands.com

Hiro Brands Ltd provides a range of trusted and quality home care, personal care and cosmetic care products. The consumer products manufacturing includes ranges in skin and sun care, cosmetics, personal care, household cleaning. The company also markets a wide range of colour cosmetics and an impressive portfolio of exclusive distributor brands. Hiro brands include Organic Choice, Aware Sensitive, Orange Power, MUD, Ulta3, Billie Goat, Trix, Medi Manager and Actizyme.

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