Byte Metaverse Holdings (HKSE:08645) Total Current Assets : HK$76.3 Mil (As of Dec. 2023)

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What is Byte Metaverse Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Byte Metaverse Holdings's total current assets for the quarter that ended in Dec. 2023 was HK$76.3 Mil.

Byte Metaverse Holdings Total Current Assets Historical Data

The historical data trend for Byte Metaverse Holdings'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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Byte Metaverse Holdings Total Current Assets Chart

Byte Metaverse Holdings Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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52.74

71.60

81.31

101.72

74.97

Byte Metaverse Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															81.83	-	74.97	-	76.25

Byte Metaverse Holdings 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.

Byte Metaverse Holdings's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	22	+	29.088	+	7.913	+	15.965
	=	75.0

Byte Metaverse Holdings'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
	=	9.027	+	32.098	+	10.235	+	24.89
	=	76.3

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.

Byte Metaverse Holdings (HKSE:08645) 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.

Byte Metaverse Holdings'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)
=	9.027	-	53.373	+	0.75 * 20.491	+	0.5 * 10.235
=	-23.9

Byte Metaverse Holdings Total Current Assets Related Terms

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Byte Metaverse Holdings (HKSE:08645) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Byte Metaverse Holdings Ltd (HKSE:08645) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 Thomson Road, Unit B, 13th Floor, Winsan Tower, Hong Kong, HKG

Website

http://www.metamichong.com

Michong Metaverse (China) Holdings Group Ltd is an investment holding company. The company is engaged in network support services which mainly encompass network infrastructure design and hardware installation, network management and security services; network connectivity services that focus on providing intranet and internet connectivity solutions and value-added services; and E-Commerce.

Executives

Thrive Harvest Limited	2101 Beneficial owner
Worldtone Riches Investment Limited	2101 Beneficial owner
Yu Decai	2201 Interest of corporation controlled by you
Garden Wealth Limited	2101 Beneficial owner
Wu Han Jia You Xin Xi Ke Ji You Xian Gong Si	2101 Beneficial owner
Shen Zhen Shi Hui Tong Ying Fu Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner

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