Safestay (LSE:SSTY) Total Current Assets : £8.18 Mil (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Safestay Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Safestay's total current assets for the quarter that ended in Jun. 2023 was £8.18 Mil.

Safestay Total Current Assets Historical Data

The historical data trend for Safestay'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.

Safestay Total Current Assets Chart

Safestay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

Get a 7-Day Free Trial

11.10

4.45

4.35

6.02

6.58

Safestay Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial													18.01	6.02	6.17	6.58	8.18

Safestay 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.

Safestay's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.226	+	1.122	+	0.025	+	0.203
	=	6.58

Safestay's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.261	+	0.707	+	0.026	+	0.182
	=	8.18

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.

Safestay (LSE:SSTY) 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.

Safestay's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.261	-	63.383	+	0.75 * 0.707	+	0.5 * 0.026
=	-55.58

Safestay Total Current Assets Related Terms

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

Safestay (LSE:SSTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Safestay PLC (LSE:SSTY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1a Kingsley Way, London, GBR, N2 0FW

Website

https://www.safestay.com

Safestay PLC owns and operates a luxurious hostel group in the United Kingdom. It operates backpacker tourist hostels under the Safestay brand. Its property portfolio includes Safestay London Elephant and Castle, Pisa, Glassglow and York among others providing four, six, eight, twelve bunk bedded dorms with en-suite facilities, as well as single, twin, double, and family bunk rooms with tea/coffee making facilities and televisions. Its segments are Hostel accommodation, Food and Beverages sales, Rental Income and Other income. Geographically, it has operations in the UK and Europe and generates a vast majority of its revenue from the UK.

Safestay (LSE:SSTY) Headlines

No Headlines