GFL Environmental (FRA:36E) Total Current Assets : €954 Mil (As of Mar. 2024)

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What is GFL Environmental Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. GFL Environmental's total current assets for the quarter that ended in Mar. 2024 was €954 Mil.

GFL Environmental Total Current Assets Historical Data

The historical data trend for GFL Environmental'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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GFL Environmental Total Current Assets Chart

GFL Environmental Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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970.67

659.83

1,034.14

961.09

1,015.02

GFL Environmental Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															1,582.67	1,004.77	1,111.44	1,015.02	954.19

GFL Environmental 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.

GFL Environmental'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
	=	92.753	+	770.797	+	67.121	+	84.345
	=	1,015

GFL Environmental's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	47.577	+	734.246	+	0	+	172.364
	=	954

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.

GFL Environmental (FRA:36E) 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.

GFL Environmental's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	47.577	-	8606.445	+	0.75 * 725.615	+	0.5 * 0
=	-8,015

GFL Environmental Total Current Assets Related Terms

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GFL Environmental (FRA:36E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » GFL Environmental Inc (FRA:36E) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

GFL:USA GFL:Canada

Address

100 New Park Place, Suite 500, Vaughan, ON, CAN, L4K 0H9

Website

https://www.gflenv.com

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste. Its Environmental Services business line includes liquid waste and soil remediation. GFL's geographical segments are Canada and the United States.

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