GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spirit Technology Solutions Ltd (ASX:ST1) » Definitions » Total Current Assets

Spirit Technology Solutions (ASX:ST1) Total Current Assets : A$26.7 Mil (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is Spirit Technology Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spirit Technology Solutions's total current assets for the quarter that ended in Dec. 2023 was A$26.7 Mil.


Spirit Technology Solutions Total Current Assets Historical Data

The historical data trend for Spirit Technology Solutions'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.

Spirit Technology Solutions Total Current Assets Chart

Spirit Technology Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.69 12.60 28.13 33.15 25.59

Spirit Technology Solutions Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 36.46 33.15 30.03 25.59 26.68

Spirit Technology Solutions 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.

Spirit Technology Solutions's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Spirit Technology Solutions's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.


Spirit Technology Solutions  (ASX:ST1) 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.

Spirit Technology Solutions'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)
=6.678-70.99+0.75 * 8.378+0.5 * 2.368
=-56.8

* 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.


Spirit Technology Solutions Total Current Assets Related Terms

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


Spirit Technology Solutions (ASX:ST1) Business Description

Traded in Other Exchanges
N/A
Address
19-25 Raglan Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205
Spirit Technology Solutions Ltd provides telecommunication services, cloud services, managed IT services, and cyber security services to small and medium-sized businesses. It derives key revenue from Managed services followed by internet and data services. Geographically the group operates and generates revenue in Australia.

Spirit Technology Solutions (ASX:ST1) Headlines

No Headlines