NH Hotel Group (XMAD:NHH) Total Current Assets : €451 Mil (As of Dec. 2023)

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What is NH Hotel Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. NH Hotel Group's total current assets for the quarter that ended in Dec. 2023 was €451 Mil.

NH Hotel Group Total Current Assets Historical Data

The historical data trend for NH Hotel Group'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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NH Hotel Group Total Current Assets Chart

NH Hotel Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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518.97

435.58

403.00

498.00

451.05

NH Hotel Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															403.00	569.60	498.00	529.63	451.05

NH Hotel Group 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.

NH Hotel Group'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
	=	215.633	+	189.636	+	15.299	+	30.479
	=	451

NH Hotel Group's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	215.633	+	189.636	+	15.299	+	30.479
	=	451

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.

NH Hotel Group (XMAD:NHH) 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.

NH Hotel Group's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	215.633	-	3192.904	+	0.75 * 127.409	+	0.5 * 15.299
=	-2,874

NH Hotel Group Total Current Assets Related Terms

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NH Hotel Group (XMAD:NHH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (XMAD:NHH) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

NHHEF:USA NH5:Germany

Address

Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003

Website

https://www.nh-hoteles.es

NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

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