GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (OSL:PSE) » Definitions » Total Current Assets

Petrolia SE (OSL:PSE) Total Current Assets : kr363.1 Mil (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is Petrolia SE Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Petrolia SE's total current assets for the quarter that ended in Dec. 2023 was kr363.1 Mil.


Petrolia SE Total Current Assets Historical Data

The historical data trend for Petrolia SE'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.

Petrolia SE Total Current Assets Chart

Petrolia SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.53 266.28 280.69 317.45 363.07

Petrolia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 280.69 277.39 317.45 327.21 363.07

Petrolia SE 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.

Petrolia SE's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Petrolia SE'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.


Petrolia SE  (OSL:PSE) 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.

Petrolia SE'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)
=174.603-272.438+0.75 * 157.545+0.5 * 17.755
=29.2

* 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.


Petrolia SE Total Current Assets Related Terms

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


Petrolia SE (OSL:PSE) Business Description

Industry
Traded in Other Exchanges
Address
205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036
Petrolia SE is an international oil service company. The main activities of the company are within two segments: The energy division and the Energy Service division. The group operates in Norway, Europe outside Norway, Asia and Australia, and other regions. The company generates maximum revenue from Asia and Australia. It generates revenue by providing drilling equipment, such as drill pipes and test strings to oil companies, drilling contractors, and oil service companies.

Petrolia SE (OSL:PSE) Headlines

No Headlines