Mader Group (ASX:MAD) Total Current Assets : A$154.0 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Mader Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mader Group's total current assets for the quarter that ended in Dec. 2023 was A$154.0 Mil.

Mader Group Total Current Assets Historical Data

The historical data trend for Mader Group'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.

Mader Group Total Current Assets Chart

Mader Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Total Current Assets

63.22

72.05

95.76

140.69

Mader Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial					77.53	95.76	126.45	140.69	153.98

Mader Group 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.

Mader Group's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	13.01	+	122.819	+	0	+	4.861
	=	140.7

Mader Group'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
	=	22.546	+	121.581	+	0	+	9.856
	=	154.0

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.

Mader Group (ASX:MAD) 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.

Mader Group'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)
=	22.546	-	137.298	+	0.75 * 121.581	+	0.5 * 0
=	-23.6

Mader Group Total Current Assets Related Terms

Thank you for viewing the detailed overview of Mader Group's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Mader Group (ASX:MAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Mader Group Ltd (ASX:MAD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

MADGF:USA

Address

2 George Wiencke Drive, Perth Airport, Suite A1, Hkew Alpha Building, Perth, WA, AUS, 6105

Website

https://www.madergroup.com.au

Mader Group Ltd is a maintenance services company that supplies tradespeople to resource industry customers. It provides specialized contract labour for the maintenance of heavy mobile equipment in the resources industry. The services provided include maintenance labour, field support, shutdown teams for overhauls, maintenance workshops, training of maintenance teams, and a range of other ancillary services. Its geographical segments include Australia, the United States, and others, of which the majority of the revenue comes from Australia.

Mader Group (ASX:MAD) Headlines

No Headlines