The 2 percent increase in its total current assets
to P40.44 billion as of June 30, 2019 was driven mainly by the increase in receivables, expendable parts, fuel, materials and supplies and assets held for sale accounts offset in part by the decrease in cash and cash equivalents and other current assets
In short, working capital is the current assets
used to cover upcoming debt obligations in current liabilities.
He said details on the matter would be reviewed from time to time, adding that allocation for the defence ministry would not be reduced so that current assets
could be properly maintained.
M2 EQUITYBITES-November 29, 2018-Exxe Group is Set to Double Current Assets
on Implementation of Memorandum of Understanding
The apex court is hearing a case with regards to reports that current assets
of the national carrier stand at Rs111 billion while total liabilities stand at Rs406 billion, with plans being made to sell off the airline.
While 50 per cent of current assets
are locked in receivables, an equal amount of non-current assets, too, are intangible.
This divestiture is being done by way of slump sale and includes all related fixed assets, current assets
, current liabilities, and its employees.
44.3 billion chiefly because of the reclassification of PIB Investment into current assets
account of maturity in July 2017, the current assets
grew by Rs.
Shame on you PTV for broadcasting altered photos claiming these as current assets
of our Philippine Navy.
Total assets were valued at QR2.03bn comprising current assets
of QR0.31bn and non-current assets of QR1.72bn.
A firm is considered liquid if its current assets
exceed its current liabilities where "current" indicates a period of one year.