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Mittel SpA (MIL:MIT) Total Current Assets : €217.0 Mil (As of Dec. 2023)


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What is Mittel SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mittel SpA's total current assets for the quarter that ended in Dec. 2023 was €217.0 Mil.


Mittel SpA Total Current Assets Historical Data

The historical data trend for Mittel SpA'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.

Mittel SpA Total Current Assets Chart

Mittel SpA Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303.52 257.93 188.10 171.82 217.00

Mittel SpA Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only 188.10 177.01 171.82 216.62 217.00

Mittel SpA 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.

Mittel SpA's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Mittel SpA's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.


Mittel SpA  (MIL:MIT) 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.

Mittel SpA'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)
=88.474-124.143+0.75 * 45.95+0.5 * 70.363
=34.0

* 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.


Mittel SpA Total Current Assets Related Terms

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Mittel SpA (MIL:MIT) Business Description

Traded in Other Exchanges
N/A
Address
Borromei, 5, Milan, ITA, 20123
Mittel SpA is an investment-merchant bank company. It operates through Private Equity and Investments Sector, Advisory Services, and Real Estate Sector.

Mittel SpA (MIL:MIT) Headlines