Homag Group AG (FRA:HG1) Total Current Assets : €81.34 Mil (As of Dec. 2023)

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What is Homag Group AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Homag Group AG's total current assets for the quarter that ended in Dec. 2023 was €81.34 Mil.

Homag Group AG Total Current Assets Historical Data

The historical data trend for Homag Group AG'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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Homag Group AG Total Current Assets Chart

Homag Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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33.23

18.56

92.37

82.06

81.34

Homag Group AG 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															92.37	20.02	82.06	33.93	81.34

Homag Group AG 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.

Homag Group AG'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
	=	0.016	+	81.223	+	0	+	0.10299999999999
	=	81.34

Homag Group AG'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
	=	0.016	+	81.223	+	0	+	0.10299999999999
	=	81.34

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.

Homag Group AG (FRA:HG1) 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.

Homag Group AG'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)
=	0.016	-	279.133	+	0.75 * 0	+	0.5 * 0
=	-279.12

Homag Group AG Total Current Assets Related Terms

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Homag Group AG (FRA:HG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Homag Group AG (FRA:HG1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HG1:Germany HG1:Germany

Address

Homagstrasse 3-5, Schopfloch, DEU, 72296

Website

http://www.homag-group.com

Homag Group AG is a German-based company that manufactures machines and equipment for the woodworking industry. The company operates its business in four segments namely Industry segment, Cabinet shops, Sales & Service segment, and others. Maximum revenue comes from an industry segment which includes solutions for industrial companies based on plants, machines, information, control technology, and woodworking processes. The company carries its operations in the European region including Central, Western and Eastern Europe, American region including North and South America, Asia Pacific and Central Europe. The majority of the company's revenue comes from Central Europe.

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