GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Progressive Path Group Holdings Ltd (HKSE:01581) » Definitions » Total Current Assets

Progressive Path Group Holdings (HKSE:01581) Total Current Assets : HK$295.4 Mil (As of Sep. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Progressive Path Group Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Progressive Path Group Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$295.4 Mil.

Progressive Path Group Holdings Total Current Assets Historical Data

The historical data trend for Progressive Path Group Holdings'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.

Progressive Path Group Holdings Total Current Assets Chart

Progressive Path Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 237.71 217.66 233.66 251.88 284.11

Progressive Path Group Holdings Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 241.40 251.88 287.98 284.11 295.43

Progressive Path Group Holdings 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.

Progressive Path Group Holdings's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=27.307+251.961+0+4.8459999999999
=284.1

Progressive Path Group Holdings's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=15.688+274.673+0+5.071
=295.4

* 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.

Progressive Path Group Holdings  (HKSE:01581) 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.

Progressive Path Group Holdings's Liquidation Value for the quarter that ended in Sep. 2023 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=15.688-327.782+0.75 * 249.848+0.5 * 0
=-124.7

* 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.

Progressive Path Group Holdings Total Current Assets Related Terms

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

Progressive Path Group Holdings (HKSE:01581) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Progressive Path Group Holdings Ltd (HKSE:01581) » Definitions » Total Current Assets
Comparable Companies
HKSE:08425 HKSE:08612 HKSE:01496 HKSE:00936 URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439 HKSE:02588 R AL FTAI GATX XTER:SIX2
Traded in Other Exchanges
N/A
Address
Number 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG
Website
https://www.ppgh.com.hk
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental.
Executives
Profit Gold Global Limited 2101 Beneficial owner
Kwok Wai Sheung Melody 2202 Interest of your spouse
Wu Wing Hang 2201 Interest of corporation controlled by you

Progressive Path Group Holdings (HKSE:01581) Headlines

No Headlines