Avemio AG (XTER:3D6) Total Current Assets : €28.92 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Avemio AG Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Avemio AG's total current assets for the quarter that ended in Jun. 2023 was €28.92 Mil.

Avemio AG Total Current Assets Historical Data

The historical data trend for Avemio AG'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.

Avemio AG Total Current Assets Chart

Avemio AG Annual Data

Trend

Dec19

Dec20

Dec21

Total Current Assets

0.26

0.16

0.18

Avemio AG Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Total Current Assets	Get a 7-Day Free Trial			0.16	0.15	0.18	0.17	28.92

Avemio AG 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.

Avemio AG'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
	=	0.14	+	0.04	+	0	+	-2.7755575615629E-17
	=	0.18

Avemio AG's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	7.706	+	6.611	+	14.604	+	0
	=	28.92

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.

Avemio AG (XTER:3D6) 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.

Avemio AG's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.706	-	22.115	+	0.75 * 6.407	+	0.5 * 14.604
=	-2.30

Avemio AG Total Current Assets Related Terms

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

Avemio AG (XTER:3D6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avemio AG (XTER:3D6) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

3D6:Germany

Address

Königsallee 60f, Dusseldorf, DEU, 40212

Website

http://www.palgon.de

Avemio AG Formerly Palgon AG provides management consulting services. It offers marketing, distribution, and other services in the field of information technology, including the Internet and data processing and related fields. Further, the group is also involved in acquiring, selling, renting, and managing real estate.

Avemio AG (XTER:3D6) Headlines

No Headlines