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Twin Butte Energy (Twin Butte Energy) Total Current Assets : $20.4 Mil (As of Jun. 2016)


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What is Twin Butte Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Twin Butte Energy's total current assets for the quarter that ended in Jun. 2016 was $20.4 Mil.


Twin Butte Energy Total Current Assets Historical Data

The historical data trend for Twin Butte Energy'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.

Twin Butte Energy Total Current Assets Chart

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.72 79.56 53.10 149.50 31.28

Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.02 49.13 31.28 21.56 20.36

Twin Butte Energy 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.

Twin Butte Energy's Total Current Assets for the fiscal year that ended in Dec. 2015 is calculated as

Twin Butte Energy's Total Current Assets for the quarter that ended in Jun. 2016 is calculated as

* 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.

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.


Twin Butte Energy  (OTCPK:TBTEF) 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.

Twin Butte Energy's Liquidation Value for the quarter that ended in Jun. 2016 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-399.338+0.75 * 15.744+0.5 * 0
=-387.5

* 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.


Twin Butte Energy Total Current Assets Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

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