GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » New Universe Environmental Group Ltd (HKSE:00436) » Definitions » Total Current Assets

New Universe Environmental Group (HKSE:00436) Total Current Assets : HK$331.5 Mil (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is New Universe Environmental Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. New Universe Environmental Group's total current assets for the quarter that ended in Dec. 2023 was HK$331.5 Mil.

New Universe Environmental Group Total Current Assets Historical Data

The historical data trend for New Universe Environmental Group'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.

New Universe Environmental Group Total Current Assets Chart

New Universe Environmental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 387.60 447.66 565.63 457.53 331.51

New Universe Environmental Group 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 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 565.63 561.96 457.53 402.32 331.51

New Universe Environmental Group 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.

New Universe Environmental Group'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
=186.365+101.271+4.936+38.941
=331.5

New Universe Environmental Group'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
=186.365+101.271+4.936+38.941
=331.5

* 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.

New Universe Environmental Group  (HKSE:00436) 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.

New Universe Environmental Group'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)
=186.365-288.065+0.75 * 73.337+0.5 * 4.936
=-44.2

* 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.

New Universe Environmental Group Total Current Assets Related Terms

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

New Universe Environmental Group (HKSE:00436) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » New Universe Environmental Group Ltd (HKSE:00436) » Definitions » Total Current Assets
Comparable Companies
HKSE:00979 HKSE:01397 HKSE:01395 HKSE:06812 HKSE:01845 HKSE:08196 HKSE:08472 HKSE:08320 HKSE:00646 HKSE:08201 WM RSG WCN XPAR:VIE CLH GFL XMAD:FCC CWST SHSE:603568 SRCL
Traded in Other Exchanges
N/A
Address
16 Wang Hoi Road, Rooms 2110-2112, Telford House, Kowloon Bay, Kowloon, Hong Kong, HKG
Website
http://www.nuigl.com
New Universe Environmental Group Ltd is engaged in providing hazardous waste treatment services. It operates in four segments: Provision of industrial and medical waste treatment and disposal services; provision of environmental plating sewage treatment services and provision of related facilities and utilities in an eco-plating specialized zone (including industrial sewage treatment services, providing related utilities and management services, and providing factory facilities); provision of environmental equipment construction and installation services, investments in plastic materials dyeing operations. It mainly functions in China and earns the majority of its revenue from the Environmental waste treatment services segment.
Executives
New Universe Enterprises Limited 2201 Interest of corporation controlled by you
China Minsheng Investment Group Corp., Ltd. 2101 Beneficial owner

New Universe Environmental Group (HKSE:00436) Headlines

No Headlines