GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mangal Credit & Fincorp Ltd (BOM:505850) » Definitions » Total Current Assets

Mangal Credit & Fincorp (BOM:505850) Total Current Assets : ₹2,573.6 Mil (As of Mar. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Mangal Credit & Fincorp Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Mangal Credit & Fincorp's total current assets for the quarter that ended in Mar. 2024 was ₹2,573.6 Mil.


Mangal Credit & Fincorp Total Current Assets Historical Data

The historical data trend for Mangal Credit & Fincorp'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.

Mangal Credit & Fincorp Total Current Assets Chart

Mangal Credit & Fincorp Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 280.72 308.72 366.09 909.30 2,573.59

Mangal Credit & Fincorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 909.30 - 1,763.76 - 2,573.59

Mangal Credit & Fincorp 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.

Mangal Credit & Fincorp's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Mangal Credit & Fincorp's Total Current Assets for the quarter that ended in Mar. 2024 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.


Mangal Credit & Fincorp  (BOM:505850) 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.

Mangal Credit & Fincorp's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=297.833-1464.398+0.75 * 0+0.5 * 0
=-1,166.6

* 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.


Mangal Credit & Fincorp Total Current Assets Related Terms

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


Mangal Credit & Fincorp (BOM:505850) Business Description

Traded in Other Exchanges
N/A
Address
Ram Mandir Road, Office No-1701/1702, 17th Floor, A-Wing, Lotus Corporate Park, Western Express Highway, Goregaon (East), Mumbai, MH, IND, 400063
Mangal Credit & Fincorp Ltd is a non-banking financial company. The company offers services, including loans and credit facilities, private educational funding, and trade-in money market underwriting stocks and shares. Its products include Gold loans, Personal loans, and SME(small and medium enterprises) loans. Geographically all the operations function through the regions of India.

Mangal Credit & Fincorp (BOM:505850) Headlines

No Headlines