Litgrid AB (OVSE:LGD1L) Total Current Assets : €309.5 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Litgrid AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Litgrid AB's total current assets for the quarter that ended in Mar. 2024 was €309.5 Mil.

Litgrid AB Total Current Assets Historical Data

The historical data trend for Litgrid 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.

* Premium members only.

Litgrid AB Total Current Assets Chart

Litgrid AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

25.51

38.97

122.54

334.62

264.80

Litgrid 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															266.51	260.50	264.39	264.80	309.46

Litgrid 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.

Litgrid 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
	=	2.189	+	228.42	+	0.041	+	34.147
	=	264.8

Litgrid 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
	=	3.818	+	284.757	+	0.041	+	20.847
	=	309.5

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.

Litgrid AB (OVSE:LGD1L) 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.

Litgrid 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)
=	3.818	-	465.548	+	0.75 * 41.759	+	0.5 * 0.041
=	-430.4

Litgrid AB Total Current Assets Related Terms

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

Litgrid AB (OVSE:LGD1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Litgrid AB (OVSE:LGD1L) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karlo Gustavo Emilio Manerheimo street 8, Vilnius, LTU, LT-05131

Website

https://www.litgrid.eu

Litgrid AB is an operator of an electricity transmission system operating electricity transmissions in Lithuania. It is responsible for integrating the national power system into the European power infrastructure and electricity market. The business activity of the group functions under various segments namely Electricity transmission and related services activities, and Other income. Geographically, the business presence of the firm is seen in the regions of Lithuania, Norway, Sweden, Latvia, Estonia and others of which the Lithuania region accounts for the majority of the revenue.

Litgrid AB (OVSE:LGD1L) Headlines

No Headlines