AMP (ASX:AMP) Total Current Assets : A$7,225 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is AMP Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. AMP's total current assets for the quarter that ended in Dec. 2023 was A$7,225 Mil.

AMP Total Current Assets Historical Data

The historical data trend for AMP'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.

AMP Total Current Assets Chart

AMP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

7,659.00

3,312.00

7,968.00

8,860.00

7,225.00

AMP 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															7,968.00	2,504.00	8,860.00	2,274.00	7,225.00

AMP 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.

AMP'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
	=	6485	+	334	+	0	+	406
	=	7,225

AMP'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
	=	6485	+	334	+	0	+	406
	=	7,225

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.

AMP (ASX:AMP) 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.

AMP'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)
=	6485	-	30002	+	0.75 * 231	+	0.5 * 0
=	-23,344

AMP Total Current Assets Related Terms

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

AMP (ASX:AMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » AMP Ltd (ASX:AMP) » Definitions » Total Current Assets

Traded in Other Exchanges

AMLTF:USA AMP:Germany

Address

50 Bridge Street, AMP Building, Sydney, NSW, AUS, 2000

Website

https://www.amp.com.au

At its roots, AMP is a wealth manager, providing financial advice via Australia's second-largest network of aligned financial advisors. It has a vertically integrated business model: AMP advisors can invest client funds into superfunds and non-super investments manufactured by AMP through the firm's own platforms, though advisors are free to recommend non-AMP products and third party platforms to their clients. The firm also has a small wealth presence in New Zealand with about 72 advisors. In addition, AMP also has a retail banking business focused on deposit taking and residential mortgages.