Nippon Hotel & Residential Investment (TSE:3472) Total Current Assets : 円3,498 Mil (As of May. 2023)

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What is Nippon Hotel & Residential Investment Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nippon Hotel & Residential Investment's total current assets for the quarter that ended in May. 2023 was 円3,498 Mil.

Nippon Hotel & Residential Investment Total Current Assets Historical Data

The historical data trend for Nippon Hotel & Residential Investment'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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Nippon Hotel & Residential Investment Total Current Assets Chart

Nippon Hotel & Residential Investment Annual Data

Trend

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Total Current Assets

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2,354.46

2,362.54

2,392.68

2,589.94

2,773.41

Nippon Hotel & Residential Investment Semi-Annual Data
	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Total Current Assets	Get a 7-Day Free Trial								2,464.87	2,589.94	2,265.10	2,773.41	3,498.19

Nippon Hotel & Residential Investment 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.

Nippon Hotel & Residential Investment's Total Current Assets for the fiscal year that ended in Nov. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2667.035	+	0	+	0	+	106.379
	=	2,773

Nippon Hotel & Residential Investment's Total Current Assets for the quarter that ended in May. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3275.162	+	0	+	0	+	223.027
	=	3,498

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.

Nippon Hotel & Residential Investment (TSE:3472) 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.

Nippon Hotel & Residential Investment's Liquidation Value for the quarter that ended in May. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3275.162	-	11160.381	+	0.75 * 0	+	0.5 * 0
=	-7,885

Nippon Hotel & Residential Investment Total Current Assets Related Terms

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Nippon Hotel & Residential Investment (TSE:3472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Nippon Hotel & Residential Investment Corp (TSE:3472) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

3-3-4 Nihonbashihoncho, Chuo-ku, Tokyo, JPN, 103-0023

Website

https://oom-reit.com

Ooedo Onsen Reit Investment Corp is a real estate investment trust externally managed by Ooedo Onsen Asset Management Co., Ltd. The firm invests in onsen and spa-related facilities, mainly facilities. The company principally invests in hot spring-related industries, such as hotels, hot spring facilities and theme parks.

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