Ascom Leasing & Investments (NSE:ASCOM) Total Current Assets : ₹87.4 Mil (As of Mar. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Ascom Leasing & Investments Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ascom Leasing & Investments's total current assets for the quarter that ended in Mar. 2023 was ₹87.4 Mil.

Ascom Leasing & Investments Total Current Assets Historical Data

The historical data trend for Ascom Leasing & Investments'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.

Ascom Leasing & Investments Total Current Assets Chart

Ascom Leasing & Investments Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Current Assets

Get a 7-Day Free Trial

86.60

109.93

90.63

116.95

87.39

Ascom Leasing & Investments Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Total Current Assets	Get a 7-Day Free Trial			86.60	109.93	90.63	116.95	87.39

Ascom Leasing & Investments 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.

Ascom Leasing & Investments's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.252	+	44.357	+	0	+	13.778
	=	87.4

Ascom Leasing & Investments's Total Current Assets for the quarter that ended in Mar. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	29.252	+	44.357	+	0	+	13.778
	=	87.4

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.

Ascom Leasing & Investments (NSE:ASCOM) 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.

Ascom Leasing & Investments's Liquidation Value for the quarter that ended in Mar. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	29.252	-	25.297	+	0.75 * 0	+	0.5 * 0
=	4.0

Ascom Leasing & Investments Total Current Assets Related Terms

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

Ascom Leasing & Investments (NSE:ASCOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ascom Leasing & Investments Ltd (NSE:ASCOM) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007

Website

https://www.ascomfinance.com

Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

Ascom Leasing & Investments (NSE:ASCOM) Headlines

No Headlines