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Broadridge Financial Solutions (Broadridge Financial Solutions) Total Current Assets : $1,364 Mil (As of Dec. 2023)


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What is Broadridge Financial Solutions Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Broadridge Financial Solutions's total current assets for the quarter that ended in Dec. 2023 was $1,364 Mil.


Broadridge Financial Solutions Total Current Assets Historical Data

The historical data trend for Broadridge Financial Solutions'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.

Broadridge Financial Solutions Total Current Assets Chart

Broadridge Financial Solutions Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,042.30 1,328.00 1,261.30 1,328.40 1,392.50

Broadridge Financial Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,282.70 1,568.20 1,392.50 1,326.90 1,363.60

Broadridge Financial Solutions 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.

Broadridge Financial Solutions's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Broadridge Financial Solutions's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

* 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.

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.


Broadridge Financial Solutions  (NYSE:BR) 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.

Broadridge Financial Solutions'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)
=277-5932.1+0.75 * 892.2+0.5 * 0
=-4,986

* 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.


Broadridge Financial Solutions Total Current Assets Related Terms

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Broadridge Financial Solutions (Broadridge Financial Solutions) Business Description

Traded in Other Exchanges
Address
5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from ADP in 2007, is a leading provider of investor communications and technology-driven solutions to banks, broker/dealers, asset managers, wealth managers, and corporate issuers. Broadridge is composed of two segments: investor communication solutions, or ICS, and global technology and operations, or GTO.
Executives
Christopher John Perry officer: Corporate SVP 1981 MARCUS AVENUE, LAKE SUCCESS NY 11042
Laura Matlin officer: VP, Deputy GC and CGO C/O BROADRIDGE, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Keir D Gumbs officer: CVP and Chief Legal Officer C/O BROADRIDGE FINANCIAL SOLUTIONS, INC., 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Timothy C Gokey officer: Senior Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Richard J Daly director, officer: Chief Executive Officer 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas P Carey officer: Corporate VP C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DR., STE 300, LAKE SUCCESS NY 11042
Douglas Richard Deschutter officer: Corporate Vice President 5 DAKOTA DRIVE, SUITE 300, LAKE SUCCESS NY 11042
Leslie A Brun director 435 DEVON PARK DRIVE, 700 BUILDING, WAYNE PA 19087
Robert Schifellite officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert N Duelks director 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Robert F Kalenka officer: Corporate Vice President 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Richard John Stingi officer: Corporate VP and CHRO C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NY 11042
Thomas J Perna director 89 ROBBINS AVENUE, BERKELEY HEIGHTS NJ 07922
Eileen K Murray director 1585 BROADWAY, NEW YORK NY 10036
Vijay Mayadas officer: VP, Strategy C/O BROADRIDGE FINANCIAL SOLUTIONS, 5 DAKOTA DRIVE, LAKE SUCCESS NE 11042