NIBE Industrier AB (OSTO:NIBE B) Total Current Assets : kr23,737 Mil (As of Mar. 2024)

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What is NIBE Industrier AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NIBE Industrier AB's total current assets for the quarter that ended in Mar. 2024 was kr23,737 Mil.

NIBE Industrier AB Total Current Assets Historical Data

The historical data trend for NIBE Industrier AB'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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NIBE Industrier AB Total Current Assets Chart

NIBE Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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12,974.00

13,374.00

16,271.00

22,152.00

24,198.00

NIBE Industrier AB 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															22,925.00	24,927.00	27,314.00	24,198.00	23,737.00

NIBE Industrier AB 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.

NIBE Industrier AB'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
	=	4283	+	6256	+	13227	+	432
	=	24,198

NIBE Industrier AB'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
	=	3841	+	7049	+	12847	+	0
	=	23,737

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.

NIBE Industrier AB (OSTO:NIBE B) 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.

NIBE Industrier AB'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)
=	3841	-	38548	+	0.75 * 7049	+	0.5 * 12847
=	-22,997

NIBE Industrier AB Total Current Assets Related Terms

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NIBE Industrier AB (OSTO:NIBE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NIBE Industrier AB (OSTO:NIBE B) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NIABY:USA NDRBF:USA NIBEBs:UK 0RH0:UK NJB:Germany NIBEB:Switzerland

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

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