IRM Energy (NSE:IRMENERGY) Total Current Assets : ₹5,772 Mil (As of Mar. 2024)

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

What is IRM Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. IRM Energy's total current assets for the quarter that ended in Mar. 2024 was ₹5,772 Mil.

IRM Energy Total Current Assets Historical Data

The historical data trend for IRM Energy'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.

IRM Energy Total Current Assets Chart

IRM Energy Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Total Current Assets

576.34

1,414.05

2,255.12

5,772.17

IRM Energy Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial					2,255.12	2,367.43	2,349.12	-	5,772.17

IRM Energy 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.

IRM Energy's Total Current Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5103.91	+	452.61	+	42.85	+	172.8
	=	5,772

IRM Energy'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
	=	5103.91	+	452.61	+	42.85	+	172.8
	=	5,772

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.

IRM Energy (NSE:IRMENERGY) 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.

IRM Energy'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)
=	5103.91	-	3648.57	+	0.75 * 368.01	+	0.5 * 42.85
=	1,753

IRM Energy Total Current Assets Related Terms

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

IRM Energy (NSE:IRMENERGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » IRM Energy Ltd (NSE:IRMENERGY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

544004:India

Address

S.G. Highway, Corporate Park, Near Sola Bridge, 4th Floor, Block 8, Magnet, Thaltej, Ahmedabad, GJ, IND, 380054

Website

https://www.irmenergy.com

IRM Energy Ltd is a gas distribution company. It is involved in developing, operating, and expanding of local natural gas distribution network. IRM Energy is a value-driven energy enterprise serving industrial, commercial, domestic, and automobile customers.

IRM Energy (NSE:IRMENERGY) Headlines

No Headlines