Nuvera Communications (Nuvera Communications) Total Current Assets : $39.06 Mil (As of Mar. 2024)

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What is Nuvera Communications Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nuvera Communications's total current assets for the quarter that ended in Mar. 2024 was $39.06 Mil.

Nuvera Communications Total Current Assets Historical Data

The historical data trend for Nuvera Communications'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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Nuvera Communications Total Current Assets Chart

Nuvera Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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9.00

15.09

13.38

29.82

41.36

Nuvera Communications Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															39.32	47.26	46.46	41.36	39.06

Nuvera Communications 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.

Nuvera Communications'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
	=	1.26	+	3.412	+	34.439	+	2.245
	=	41.36

Nuvera Communications's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.208	+	3.669	+	32.485	+	2.699
	=	39.06

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.

Nuvera Communications (OTCPK:NUVR) 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.

Nuvera Communications's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.208	-	163.58	+	0.75 * 3.669	+	0.5 * 32.485
=	-144.38

Nuvera Communications Total Current Assets Related Terms

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Nuvera Communications (Nuvera Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nuvera Communications Inc (OTCPK:NUVR) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 North Minnesota Street, New Ulm, MN, USA, 56073

Website

https://www.nuvera.net

Nuvera Communications Inc is a communications company. It provides Internet, digital TV, voice, and managed services such as web hosting and design, online file storage and others. It generates its revenue in the form of local services, network access, video, data, A-CAM/FUSF, and others. The company operates in the Communications Segment. The Communications Segment consists of voice, data and video communication services delivered to the customer over fiber communications network.

Executives

Glenn Zerbe	officer: CEO/President	27 NORTH MINNESOTA STREET, NEW ULM MN 56073
Craig Steven Anderson	officer: Chief Business Development Off	P.O. BOX 697, NEW ULM MN 56073
James J Seifert	director	C/O BEMIS CO INC, 222 S. 9TH ST. #2300, MINNEAPOLIS MN 55402
Skillings Colleen R.	director	36 WOODLAND DRIVE, NEW ULM MN 56073
Duane Lambrecht	director
Wesley E Schultz	director	PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Suzanne M. Spellacy	director	108 ALEXANDER COURT, MANKATO MN 56001
Barbara A Bornhoft	officer: Vice President
Perry Meyer	director	RR 3 BOX 130, NEW ULM MN 56073
James P Jensen	director
Curtis O. Kawlewski	officer: CFO	3710 REED ROAD, ST, BONIFACIUS MN 55375
Dennis Miller	director	18930 JASMINE ROAD, MANKATO MN 56001
Bill D Otis	officer: CEO/President
Patricia L Matthews	officer: Assistant Secretary
Mary Ellen Domeier	director

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