Leatt (LEAT) Total Current Assets : $42.31 Mil (As of Dec. 2023)

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What is Leatt Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Leatt's total current assets for the quarter that ended in Dec. 2023 was $42.31 Mil.

Leatt Total Current Assets Historical Data

The historical data trend for Leatt'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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Leatt Total Current Assets Chart

Leatt Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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15.32

22.79

44.61

47.69

42.31

Leatt Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															47.69	45.28	44.85	43.57	42.31

Leatt 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.

Leatt'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
	=	11.347	+	7.593	+	20.392	+	2.973
	=	42.31

Leatt'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
	=	11.347	+	7.593	+	20.392	+	2.973
	=	42.31

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.

Leatt (OTCPK:LEAT) 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.

Leatt'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)
=	11.347	-	7.327	+	0.75 * 6.97	+	0.5 * 20.392
=	19.44

Leatt Total Current Assets Related Terms

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Leatt (LEAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Leatt Corp (OTCPK:LEAT) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atlas Gardens, Contermanskloof Road, 12 Kiepersol Drive, Durbanville, WC, ZAF, 7550

Website

https://www.leatt.com

Leatt Corp designs, develops, markets, and distributes personal protective equipment for participants in all forms of motorsports and leisure activities, including riders of motorcycles, bicycles, snowmobiles, and ATVs, as well as racing car drivers. It operates through the Leatt-Brace brand which offers a patented injection molded neck protection system designed to prevent potentially devastating injuries to the cervical spine and neck. Leatt also acts as the original equipment manufacturer for neck braces sold by other international brands. Geographically all the operations function through the region of the US.

Executives

Christopher James Leatt	director, 10 percent owner	C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Sean Macdonald	director, officer: CEO, CFO	C/O LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDENS, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550
Jeffrey J Guzy	director	3130 19TH STREET, NORTH, ARLINGTON VA 22201
Villiers Jean-pierre De	10 percent owner	GOEDEMOED FARM, KEISIE VALLEY, MONTAGU T3 6720
Zafiris M. Zafiropoulos	director	C/P LEATT CORP., 50 KIEPERSOL CRESCENT, ATLAS GARDEN, CONTERMANSKLOOF, DURBANVILLE, CAPE TOWN T3 7550