Qev NV (FRA:7IO) Total Current Assets : €2.13 Mil (As of Dec. 2022)

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What is Qev NV Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Qev NV's total current assets for the quarter that ended in Dec. 2022 was €2.13 Mil.

Qev NV Total Current Assets Historical Data

The historical data trend for Qev NV'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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Qev NV Total Current Assets Chart

Qev NV Annual Data

Trend

Dec21

Dec22

Total Current Assets

6.87

2.13

Qev NV Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22
Total Current Assets	-	6.87	3.64	2.13

Qev NV 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.

Qev NV's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.119	+	0	+	0	+	0.013
	=	2.13

Qev NV's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.119	+	0	+	0	+	0.013
	=	2.13

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.

Qev NV (FRA:7IO) 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.

Qev NV's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.119	-	186.232	+	0.75 * 0	+	0.5 * 0
=	-184.11

Qev NV Total Current Assets Related Terms

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Qev NV (FRA:7IO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qev NV (FRA:7IO) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

QEV:Netherlands

Address

Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160

Website

https://www.qevtech.com

Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.

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