Aayan Leasing & Investment Co (KUW:AAYAN) Total Current Assets : KWD17.23 Mil (As of Mar. 2024)

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What is Aayan Leasing & Investment Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Aayan Leasing & Investment Co's total current assets for the quarter that ended in Mar. 2024 was KWD17.23 Mil.

Aayan Leasing & Investment Co Total Current Assets Historical Data

The historical data trend for Aayan Leasing & Investment Co'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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Aayan Leasing & Investment Co Total Current Assets Chart

Aayan Leasing & Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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76.78

42.77

38.72

28.45

28.31

Aayan Leasing & Investment Co 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															16.94	19.49	19.22	28.31	17.23

Aayan Leasing & Investment Co 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.

Aayan Leasing & Investment Co'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
	=	19.734	+	2.915	+	3.418	+	2.244
	=	28.31

Aayan Leasing & Investment Co'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
	=	17.229	+	0	+	0	+	0
	=	17.23

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.

Aayan Leasing & Investment Co (KUW:AAYAN) 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.

Aayan Leasing & Investment Co'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)
=	17.229	-	50.107	+	0.75 * 0	+	0.5 * 0
=	-32.88

Aayan Leasing & Investment Co Total Current Assets Related Terms

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Aayan Leasing & Investment Co (KUW:AAYAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aayan Leasing & Investment Co (KUW:AAYAN) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

Al Rai - Muhammad bin Al Qasim Street, K.S.C.P. Building, 1st Floor, P.O. Box 1426, Kuwait, KWT, 13027

Website

https://www.aayan.com

Aayan Leasing & Investment Co is engaged in the business of lease financing and investment services. The company's operating segment includes Islamic financing; the Leasing Sector; Real estate; Proprietary investment and asset management and Others. It generates maximum revenue from the Leasing Sector segment. The majority of the Group's revenue is based in the State of Kuwait.

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