StealthGas (StealthGas) Total Current Assets : $120.8 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is StealthGas Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. StealthGas's total current assets for the quarter that ended in Dec. 2023 was $120.8 Mil.

StealthGas Total Current Assets Historical Data

The historical data trend for StealthGas'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.

StealthGas Total Current Assets Chart

StealthGas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

77.93

48.05

51.71

104.73

120.82

StealthGas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															104.73	91.94	121.10	116.13	120.82

StealthGas 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.

StealthGas's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	82.271	+	4.813	+	3.064	+	14.578
	=	104.7

StealthGas'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
	=	77.203	+	4.562	+	1.98	+	37.079
	=	120.8

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.

StealthGas (NAS:GASS) 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.

StealthGas'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)
=	77.203	-	147.547	+	0.75 * 4.507	+	0.5 * 1.98
=	-66.0

StealthGas Total Current Assets Related Terms

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

StealthGas (StealthGas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » StealthGas Inc (NAS:GASS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

S6W:Germany S6W:Germany

Address

331 Kifissias Avenue, Erithrea, Athens, GRC, 14561

Website

https://www.stealthgas.com

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.

Executives

Glendon Opportunities Fund, L.p.	10 percent owner	MAPLES CORPORATE SERVICES LTD., UGLAND HOUSE, SOUTH CHURCH STREET, GRAND CAYMAN E9 KY1-1104
Glendon Capital Management Lp	10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404