Nicolas Correa (XMAD:NEA) Total Current Assets : €90.5 Mil (As of Dec. 2023)

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What is Nicolas Correa Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nicolas Correa's total current assets for the quarter that ended in Dec. 2023 was €90.5 Mil.

Nicolas Correa Total Current Assets Historical Data

The historical data trend for Nicolas Correa'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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Nicolas Correa Total Current Assets Chart

Nicolas Correa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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50.10

58.10

75.65

77.89

90.48

Nicolas Correa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															75.65	77.81	77.89	84.08	90.48

Nicolas Correa 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.

Nicolas Correa'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
	=	18.862	+	29.753	+	39.587	+	2.278
	=	90.5

Nicolas Correa's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	18.862	+	29.753	+	39.587	+	2.278
	=	90.5

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.

Nicolas Correa (XMAD:NEA) 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.

Nicolas Correa's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	18.862	-	62.842	+	0.75 * 25.265	+	0.5 * 39.587
=	-5.2

Nicolas Correa Total Current Assets Related Terms

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Nicolas Correa (XMAD:NEA) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nicolas Correa SA (XMAD:NEA) » Definitions » Total Current Assets

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0FDN:UK

Address

Alcalde Martin Cobos 16A, Burgos, ESP, 09007

Website

https://www.nicolascorrea.com

Nicolas Correa SA is primarily engaged in the design and manufacture of milling machines. The company mainly specializes in the provision of milling solutions for the manufacturers of dies and moulds, monolithic elements for aeronautics, automotive, railway, wind, energy, as well as energy and general mechanical sectors, among others.