SECITS Holding AB (OSTO:SECI) Total Current Assets : kr28.6 Mil (As of Jun. 2024)

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What is SECITS Holding AB Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. SECITS Holding AB's total current assets for the quarter that ended in Jun. 2024 was kr28.6 Mil.

SECITS Holding AB Total Current Assets Historical Data

The historical data trend for SECITS Holding AB'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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SECITS Holding AB Total Current Assets Chart

SECITS Holding AB Annual Data

Trend

Aug16

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

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14.11

16.31

30.64

64.55

48.60

SECITS Holding AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Current Assets	Get a 7-Day Free Trial															31.15	31.10	48.60	28.73	28.56

SECITS Holding AB 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.

SECITS Holding AB'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
	=	11.729	+	30.27	+	3.419	+	3.184
	=	48.6

SECITS Holding AB's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.728	+	23.13	+	4.706	+	-0.0010000000000012
	=	28.6

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.

SECITS Holding AB (OSTO:SECI) 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.

SECITS Holding AB's Liquidation Value for the quarter that ended in Jun. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.728	-	98.192	+	0.75 * 23.13	+	0.5 * 4.706
=	-77.8

SECITS Holding AB Total Current Assets Related Terms

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SECITS Holding AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SECITS Holding AB (OSTO:SECI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Markorgatan 2, Handset, Stockholm, SWE, 136 44

Website

http://www.secits.se

SECITS Holding AB is an IT security company that delivers cloud-based monitoring services. The company offers camera surveillance, bank security, process monitoring, cloud service. It develops technology solutions to manage security solutions and business intelligence in a global market. It has offices in Sweden, in Stockholm, Gothenburg, Sundsvall, and Kramfors.

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