GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Total Current Assets

Inno Holdings (Inno Holdings) Total Current Assets : $5.37 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Inno Holdings Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Inno Holdings's total current assets for the quarter that ended in Mar. 2024 was $5.37 Mil.

Inno Holdings Total Current Assets Historical Data

The historical data trend for Inno 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.

* Premium members only.

Inno Holdings Total Current Assets Chart

Inno Holdings Annual Data
Trend Sep21 Sep22 Sep23
Total Current Assets
0.94 2.46 1.19

Inno Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.21 1.84 1.19 8.29 5.37

Inno 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.

Inno Holdings's Total Current Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.005+0.07+0.394+0.72
=1.19

Inno Holdings'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
=4.045+0+0.361+0.964
=5.37

* 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.

Inno Holdings  (NAS:INHD) 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.

Inno Holdings'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)
=4.045-3.077+0.75 * 0+0.5 * 0.361
=1.15

* 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.

Inno Holdings Total Current Assets Related Terms

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

Inno Holdings (Inno Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Inno Holdings Inc (NAS:INHD) » Definitions » Total Current Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
2465 Farm Market 359 South, Brookshire, TX, USA, 77423
Website
https://www.innometalstuds.com
Inno Holdings Inc is a building technology company with a mission to transform the construction industry with its proprietary cold-formed steel-framing technology and other innovations. It is a manufacturer of cold-formed-steel members and prefabricated homes. It offers a full range of services required to transform raw materials into precise steel framing products and prefabricated homes. The company sells these finished products either to businesses or directly to customers. The finished products and cold-formed-steel members are used in a variety of building types, including residential, commercial, industrial and infrastructure.