Shoreline Energy (FRA:SL0) Total Current Assets : €2.28 Mil (As of Sep. 2015)

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

What is Shoreline Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Shoreline Energy's total current assets for the quarter that ended in Sep. 2015 was €2.28 Mil.

Shoreline Energy Total Current Assets Historical Data

The historical data trend for Shoreline 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.

Shoreline Energy Total Current Assets Chart

Shoreline Energy Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Total Current Assets

0.01

3.34

6.61

6.95

5.18

Shoreline Energy Quarterly Data
	Sep10	Dec10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Total Current Assets	Get a 7-Day Free Trial															10.91	5.18	3.83	3.32	2.28

Shoreline 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.

Shoreline Energy's Total Current Assets for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.234	+	1.571	+	0	+	0.377
	=	5.18

Shoreline Energy's Total Current Assets for the quarter that ended in Sep. 2015 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.272	+	0.459	+	0	+	0.547
	=	2.28

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.

Shoreline Energy (FRA:SL0) 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.

Shoreline Energy's Liquidation Value for the quarter that ended in Sep. 2015 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1.272	-	29.716	+	0.75 * 0	+	0.5 * 0
=	-28.44

Shoreline Energy Total Current Assets Related Terms

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

Shoreline Energy (FRA:SL0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shoreline Energy Corporation (FRA:SL0) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.shorelineenergy.ca

Shoreline Energy Corp. is a Canadian junior crude oil & natural gas exploration and production company. The Company is engaged in the business of exploring for, developing and producing crude oil and natural gas in Alberta.

Shoreline Energy (FRA:SL0) Headlines

No Headlines