Energy Solar Tech (XMAD:ETC) Total Current Assets : €3.42 Mil (As of Dec. 2021)

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What is Energy Solar Tech Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Energy Solar Tech's total current assets for the quarter that ended in Dec. 2021 was €3.42 Mil.

Energy Solar Tech Total Current Assets Historical Data

The historical data trend for Energy Solar Tech'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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Energy Solar Tech Total Current Assets Chart

Energy Solar Tech Annual Data

Trend

Dec20

Dec21

Total Current Assets

1.61

3.42

Energy Solar Tech Semi-Annual Data
	Dec20	Dec21
Total Current Assets	1.61	3.42

Energy Solar Tech 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.

Energy Solar Tech's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.511	+	0.759	+	0.151	+	0.00099999999999989
	=	3.42

Energy Solar Tech's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.511	+	0.759	+	0.151	+	0.00099999999999989
	=	3.42

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.

Energy Solar Tech (XMAD:ETC) 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.

Energy Solar Tech's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.511	-	3.533	+	0.75 * 0.576	+	0.5 * 0.151
=	-0.51

Energy Solar Tech Total Current Assets Related Terms

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Energy Solar Tech (XMAD:ETC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Energy Solar Tech SA (XMAD:ETC) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DH4:Germany

Address

C/ Ruso, 18, Las Rozas de Madrid, Madrid, ESP, 28290

Website

https://www.energysolartech.com

Energy Solar Tech SA is a technology company in the energy sector whose mission is to facilitate the migration of companies to renewable energies, The company offers its clients energy generation and efficiency technologies through its offer of energy Outsourcing services under the Energy As A Service model.

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