Hubbell (Hubbell) Total Current Assets : $2,233 Mil (As of Mar. 2024)

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What is Hubbell Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hubbell's total current assets for the quarter that ended in Mar. 2024 was $2,233 Mil.

Hubbell Total Current Assets Historical Data

The historical data trend for Hubbell'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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Hubbell Total Current Assets Chart

Hubbell Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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1,574.20

1,587.60

1,879.30

2,021.40

2,167.20

Hubbell 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															2,098.70	2,205.80	2,318.40	2,167.20	2,232.50

Hubbell 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.

Hubbell'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
	=	348.7	+	785.4	+	832.9	+	200.2
	=	2,167

Hubbell'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
	=	400.3	+	865.6	+	842.4	+	124.2
	=	2,233

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.

Hubbell (NYSE:HUB.A) 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.

Hubbell'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)
=	400.3	-	3919	+	0.75 * 865.6	+	0.5 * 842.4
=	-2,448

Hubbell Total Current Assets Related Terms

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Hubbell (Hubbell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hubbell Inc (NYSE:HUB.A) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

HUBB:USA HUEC:Germany

Address

40 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.hubbell.com

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: electrical and power systems. The consolidated business sells about two thirds of its products via distributors, with the remainder sold via direct sales to utilities and contractors. The 2018 acquisition of Aclara, folded into the utility solutions segment, brought Hubbell a portfolio of smart meters and communication sensors that serves electrical, water, and gas utilities.

Executives

Peter James Lau	officer: President Electrical Solutions	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Jennifer Pollino	director	C/O GOODRICH CORPORATION, 2730 W. TYVOLA ROAD, CHARLOTTE NC 28217
Steven R Shawley	director	C/O INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645
Neal J Keating	director	C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Bonnie Cruickshank Lind	director	3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Anthony Guzzi	director	301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Katherine Anne Lane	officer: VP, GC & Secretary	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Stephen M Mais	officer: Senior VP Human Resources	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rodd Richard Ruland	officer: Group President, C&E	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
David G Nord	director, officer: Chairman and CEO	UNITED TECHNOLOGIES CORP, ONE FINANCIAL PLAZA, HARTFORD CT 06101
John F Malloy	director	2556 SPRING VALLEY ROAD, BETHLEHEM PA 18105
Darrin S Wegman	officer: Group President, C&I	HUBBELL INCORPORATED, 584 DERBY MILFORD ROAD, ORANGE CT 06477
William R Sperry	officer: Executive VP and CFO	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Carlos M Cardoso	director	STANLEY BLACK & DECKER, INC., 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
Joseph Anthony Capozzoli	officer: VP and Corporate Controller	C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484