Arras Group SpA (MIL:AGU) Total Current Assets : €4.76 Mil (As of Dec. 2022)

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What is Arras Group SpA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Arras Group SpA's total current assets for the quarter that ended in Dec. 2022 was €4.76 Mil.

Arras Group SpA Total Current Assets Historical Data

The historical data trend for Arras Group SpA'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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Arras Group SpA Total Current Assets Chart

Arras Group SpA Annual Data

Trend

Dec21

Dec22

Total Current Assets

0.74

4.76

Arras Group SpA Semi-Annual Data
	Dec21	Dec22
Total Current Assets	0.74	4.76

Arras Group SpA 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.

Arras Group SpA's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.05	+	0.509	+	1.921	+	2.282
	=	4.76

Arras Group SpA's Total Current Assets for the quarter that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.05	+	0.509	+	1.921	+	2.282
	=	4.76

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.

Arras Group SpA (MIL:AGU) 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.

Arras Group SpA's Liquidation Value for the quarter that ended in Dec. 2022 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.05	-	5.425	+	0.75 * 0.326	+	0.5 * 1.921
=	-4.17

Arras Group SpA Total Current Assets Related Terms

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Arras Group SpA (MIL:AGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Arras Group SpA (MIL:AGU) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

6ZU:Germany

Address

Largo Domodossola 7, Milan, ITA, 20145

Website

https://www.arrasgroupspa.com

Arras Group SpA is a technological real estate development company for second homes, which currently operates in the Sardinian territory (in particular, in the north and south of the island), and is aimed at both Italian and foreign high-income customers. The Real Estate Projects developed by the Group typically arise in prestigious seaside locations in Sardinia, with the possibility of enjoying large internal and external spaces, as usually requested by national and international buyers interested in buying second homes. Its projects include Cannigione Sunrise, I Villini del Poetto, Seaside Costa Paradiso, The Tower Calasetta, Castle View, and others.