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Aban Offshore (NSE:ABAN) Total Current Assets : ₹0 Mil (As of Dec. 2023)


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What is Aban Offshore Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Aban Offshore's total current assets for the quarter that ended in Dec. 2023 was ₹0 Mil.


Aban Offshore Total Current Assets Historical Data

The historical data trend for Aban Offshore'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.

Aban Offshore Total Current Assets Chart

Aban Offshore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,226.98 18,417.59 12,129.05 9,049.92 7,583.73

Aban Offshore 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 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 - 7,583.73 - 5,955.20 -

Aban Offshore 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.

Aban Offshore's Total Current Assets for the fiscal year that ended in Mar. 2023 is calculated as

Aban Offshore's Total Current Assets for the quarter that ended in Dec. 2023 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.


Aban Offshore  (NSE:ABAN) 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.

Aban Offshore'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)
=0-0+0.75 * 0+0.5 * 0
=0

* 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.


Aban Offshore Total Current Assets Related Terms

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Aban Offshore (NSE:ABAN) Business Description

Traded in Other Exchanges
Address
Pantheon Road, 113, Janpriya Crest, Egmore, Chennai, TN, IND, 600 008
Aban Offshore Ltd is an Indian company engaged in the business of offshore drilling services. Its services include exploratory services, drilling services, production of hydrocarbons and manning and management. The business also owns and wind turbines for the generation of wind power in India. It generates maximum revenue from drilling services. Aban serves South East Asia, South Asia, Latin America, West Africa, and the Middle East.

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