CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Total Current Assets : €3,584 Mil (As of Mar. 2024)

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What is CSSC Offshore & Marine Engineering (Group) Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. CSSC Offshore & Marine Engineering (Group) Co's total current assets for the quarter that ended in Mar. 2024 was €3,584 Mil.

CSSC Offshore & Marine Engineering (Group) Co Total Current Assets Historical Data

The historical data trend for CSSC Offshore & Marine Engineering (Group) Co'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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CSSC Offshore & Marine Engineering (Group) Co Total Current Assets Chart

CSSC Offshore & Marine Engineering (Group) Co Annual Data

Trend

Dec14

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Dec21

Dec22

Dec23

Total Current Assets

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4,264.78

2,740.60

3,346.10

3,499.55

3,830.57

CSSC Offshore & Marine Engineering (Group) Co 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															3,483.64	3,145.69	3,632.44	3,830.57	3,584.12

CSSC Offshore & Marine Engineering (Group) Co 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.

CSSC Offshore & Marine Engineering (Group) Co'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
	=	2110.317	+	613.494	+	697.975	+	408.779
	=	3,831

CSSC Offshore & Marine Engineering (Group) Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1638.823	+	607.983	+	804.01	+	533.308
	=	3,584

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.

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) 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.

CSSC Offshore & Marine Engineering (Group) Co'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)
=	1638.823	-	3821.217	+	0.75 * 213.883	+	0.5 * 804.01
=	-1,620

CSSC Offshore & Marine Engineering (Group) Co Total Current Assets Related Terms

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CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CSSC Offshore & Marine Engineering (Group) Co Ltd (FRA:GSZ) » Definitions » Total Current Assets

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Traded in Other Exchanges

00317:Hong Kong 600685:China

Address

No. 137 Gexin Road, 15th Floor, Marine Tower, Shipping Building, Haizhu District, Guangdong Province, Guangzhou, CHN, 510250

Website

http://comec.cssc.net.cn

CSSC Offshore & Marine Engineering (Group) Co Ltd manufactures military and civil ships and conducts off-shore engineering. The functions of the boats have a wide range, including military, patrol, rescue, and transportation. Multiple subsidiaries allow the company to produce multiple ships and supply customized maintenance for clients. The company operates through three business segments: Shipbuilding and related business, Steel Structure engineering, Ship maintenance and modification, and others.

CSSC Offshore & Marine Engineering (Group) Co (FRA:GSZ) Headlines

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