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Able Engineering Holdings (HKSE:01627) Total Current Assets : HK$3,254 Mil (As of Sep. 2023)


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What is Able Engineering Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Able Engineering Holdings's total current assets for the quarter that ended in Sep. 2023 was HK$3,254 Mil.

Able Engineering Holdings Total Current Assets Historical Data

The historical data trend for Able Engineering 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.

Able Engineering Holdings Total Current Assets Chart

Able Engineering 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 1,250.60 1,213.32 1,785.36 2,620.49 2,967.71

Able Engineering Holdings Semi-Annual Data
Mar14 Mar15 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 1,540.76 2,620.49 1,990.48 2,967.71 3,254.27

Able Engineering 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.

Able Engineering 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
=1710.743+1235.164+3.383+18.419
=2,968

Able Engineering 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
=1982.646+1249.736+2.222+19.661
=3,254

* 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.

Able Engineering Holdings  (HKSE:01627) 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.

Able Engineering 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)
=1982.646-3444.601+0.75 * 501.714+0.5 * 2.222
=-1,085

* 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.

Able Engineering Holdings Total Current Assets Related Terms

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Able Engineering Holdings (HKSE:01627) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Able Engineering Holdings Ltd (HKSE:01627) » Definitions » Total Current Assets
Comparable Companies
HKSE:01283 HKSE:01741 HKSE:03928 HKSE:01870 HKSE:08316 HKSE:01301 HKSE:00896 HKSE:00711 HKSE:00924 HKSE:01783 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 155 Waterloo Road, Kowloon Tong, Kowloon, Hong Kong, HKG
Website
https://www.ableeng.com.hk
Able Engineering Holdings Ltd is engaged in building construction and repair, maintenance, alteration, and addition (RMAA) . The company is engaged in the construction and renovation of residential buildings, the design and construction of government facilities, skeleton fabrication, school reconstruction, public rental housing construction, and public housing construction. The company's projects include Project A9 in Kowloon City, project A10 in Tai Lam, project A11 in Ho Man Tin, project A12 in Repulse Bay, and others. Geographically, it derives revenue from Hong Kong.
Executives
Golden Lux Holdings Limited 2101 Beneficial owner
Golden More Limited 2201 Interest of corporation controlled by you
Cheng Wai Chun 2202 Interest of your spouse
Ngai Chun Hung 2201 Interest of corporation controlled by you
Fame Yield International Limited 2201 Interest of corporation controlled by you

Able Engineering Holdings (HKSE:01627) Headlines

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