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GDF Suez (OTCPK:GDFZY)
Total Current Assets
\$68,602 Mil (As of Jun. 2014)

Total current assets includes Cash and Cash Equivalents, Accounts Receivable, Inventory, and Other Current Assets. GDF Suez's total current assets for the quarter that ended in Jun. 2014 was \$68,602 Mil.

Definition

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

GDF Suez's Total Current Assets for the fiscal year that ended in Dec. 2013 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 18545.9533608 + 0 + 6954.73251029 + 46976.6803841 = 72,477

GDF Suez's Total Current Assets for the quarter that ended in Jun. 2014 is calculated as

 Total Current Assets = Cash and Cash Equivalents + Accounts Receivable + Inventory + Other Current Assets = 26389.9456522 + 0 + 6353.26086957 + 35858.6956522 = 68,602

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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.

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.

GDF Suez's Liquidation Value for the quarter that ended in Jun. 2014 is

 Liquidation value = Cash and Cash Equivalents - Total Liabilities + (0.75 * Account Receivable) + (0.5 * Inventory) = 26389.9456522 - 148349.184783 + 0.75 * 0 + 0.5 * 6353.26086957 = -118,783

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

GDF Suez Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Total Current Assets 11,861 17,237 35,177 40,367 70,302 71,640 67,603 83,563 79,185 72,477

GDF Suez Semi-Annual Data

 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Total Current Assets 71,640 60,080 67,603 84,813 83,563 80,755 79,185 79,763 72,477 68,602
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