Synergy Grid & Development Philippines (PHS:SGP) Total Current Assets : ₱54,441 Mil (As of Mar. 2024)

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What is Synergy Grid & Development Philippines Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Synergy Grid & Development Philippines's total current assets for the quarter that ended in Mar. 2024 was ₱54,441 Mil.

Synergy Grid & Development Philippines Total Current Assets Historical Data

The historical data trend for Synergy Grid & Development Philippines'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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Synergy Grid & Development Philippines Total Current Assets Chart

Synergy Grid & Development Philippines Annual Data

Trend

Dec14

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Dec16

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Dec20

Dec21

Dec22

Dec23

Total Current Assets

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8.20

62,161.81

57,899.23

53,101.15

49,845.38

Synergy Grid & Development Philippines 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															60,397.71	56,498.38	55,688.64	49,845.38	54,441.48

Synergy Grid & Development Philippines 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.

Synergy Grid & Development Philippines'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
	=	9912.916	+	8379.194	+	3796.04	+	27757.225
	=	49,845

Synergy Grid & Development Philippines'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
	=	13790.079	+	8208.736	+	3703.081	+	28739.583
	=	54,441

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.

Synergy Grid & Development Philippines (PHS:SGP) 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.

Synergy Grid & Development Philippines'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)
=	13790.079	-	322742.883	+	0.75 * 7185.239	+	0.5 * 3703.081
=	-301,712

Synergy Grid & Development Philippines Total Current Assets Related Terms

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Synergy Grid & Development Philippines (PHS:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Synergy Grid & Development Philippines Inc (PHS:SGP) » Definitions » Total Current Assets

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Address

Condominium Pearl Drive, 1607, 16th Floor, Tycoon Center Building, Metro Manila, Pasig, PHL, 1605

Website

https://www.synergygrid.ph

Synergy Grid & Development Philippines Inc is engaged in providing management consulting and financial advisory services. It also derives its income from Interest income from cash deposits with the bank and short-term money placements and Dividend income from the National Grid Corporation of the Philippines. The Group has only one operating segment which is the transmission business.

Synergy Grid & Development Philippines (PHS:SGP) Headlines

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