Gomero Group AB (FRA:EO8) Total Current Assets : €2.77 Mil (As of Mar. 2024)

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What is Gomero Group AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Gomero Group AB's total current assets for the quarter that ended in Mar. 2024 was €2.77 Mil.

Gomero Group AB Total Current Assets Historical Data

The historical data trend for Gomero Group AB'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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Gomero Group AB Total Current Assets Chart

Gomero Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1.93

2.16

2.30

2.47

2.54

Gomero Group AB 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															2.46	2.31	2.16	2.54	2.77

Gomero Group AB 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.

Gomero Group AB'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
	=	0.799	+	1.234	+	0	+	0.51
	=	2.54

Gomero Group AB'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
	=	0.823	+	1.539	+	0.392	+	0.019
	=	2.77

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.

Gomero Group AB (FRA:EO8) 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.

Gomero Group AB'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)
=	0.823	-	1.192	+	0.75 * 1.364	+	0.5 * 0.392
=	0.85

Gomero Group AB Total Current Assets Related Terms

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Gomero Group AB (FRA:EO8) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gomero Group AB (FRA:EO8) » Definitions » Total Current Assets

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GOMERO:Sweden

Address

Kampegatan 16, Gothenburg, SWE, 411 04

Website

https://www.gomero.com

Gomero Group AB is engaged in the energy sector. The company develops technical systems and associated services to be able to predict and automate maintenance in various industrial processes. The firm offers technically connected products for measurement, control and data analysis. Its customers are found in energy distribution, energy storage and energy production as well as in the electricity-intensive industry.

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