Hardinge (Hardinge) Total Current Assets : $229.9 Mil (As of Mar. 2018)

View and export this data going back to 1995. Start your Free Trial

What is Hardinge Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hardinge's total current assets for the quarter that ended in Mar. 2018 was $229.9 Mil.

Hardinge Total Current Assets Historical Data

The historical data trend for Hardinge'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.

Hardinge Total Current Assets Chart

Hardinge Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Current Assets

Get a 7-Day Free Trial

221.61

204.69

209.36

200.70

228.70

Hardinge Quarterly Data
	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18
Total Current Assets	Get a 7-Day Free Trial															202.53	213.75	226.11	228.70	229.85

Hardinge 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.

Hardinge's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.958	+	61.8	+	104.502	+	17.44
	=	228.7

Hardinge's Total Current Assets for the quarter that ended in Mar. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	39.478	+	62.136	+	109.445	+	18.795
	=	229.9

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.

Hardinge (NAS:HDNG) 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.

Hardinge's Liquidation Value for the quarter that ended in Mar. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	39.478	-	135.498	+	0.75 * 62.136	+	0.5 * 109.445
=	5.3

Hardinge Total Current Assets Related Terms

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

Hardinge (Hardinge) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hardinge Inc (NAS:HDNG) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

Website

http://www.hardinge.com

Hardinge Inc is a machine tool manufacturer. It designs and manufactures computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures and other industrial products. The company operates through two reportable segments, Metalcutting Machine Solutions (MMS) and Aftermarket Tooling and Accessories (ATA). The MMS segment includes high-precision computer controlled metalcutting turning machines, vertical machining centers, horizontal machining centers, grinding machines, and repair parts related to those machines. The Company's ATA segment includes products that are purchased by manufacturers throughout the lives of their machines. The company's products are sold to customers in North America, Europe, and Asia.

Executives

R Tony Tripeny	director	ONE RIVERFRONT PLAZA, CORNING NY 14831
Charles P Dougherty	director, officer: President and CEO	C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Ryan Levenson	director	2396 DELLWOOD DRIVE, ATLANTA GA 30305
Benjamin L Rosenzweig	director	50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Mitchell I Quain	director	53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Robert R Rogowski	officer: Corporate Controller	C/0 HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14903
B. Christopher Disantis	director	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Richard L Simons	other: Former Officer	ONE HARDINGE DRIVE, ELMIRA NY 14902-1507
Privet Fund Lp	10 percent owner	3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Privet Fund Management Llc	10 percent owner	3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Robert Lepofsky	director	C/O HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14902