Spectrum ASA (Spectrum ASA) Total Current Assets : $109.1 Mil (As of Mar. 2019)

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What is Spectrum ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Spectrum ASA's total current assets for the quarter that ended in Mar. 2019 was $109.1 Mil.

Spectrum ASA Total Current Assets Historical Data

The historical data trend for Spectrum ASA'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.

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Spectrum ASA Total Current Assets Chart

Spectrum ASA Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Total Current Assets

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94.32

105.35

80.49

92.48

113.90

Spectrum ASA Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Total Current Assets	Get a 7-Day Free Trial															75.58	83.48	95.87	113.90	109.14

Spectrum ASA 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.

Spectrum ASA's Total Current Assets for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	36.63	+	49.733	+	0	+	27.54
	=	113.9

Spectrum ASA's Total Current Assets for the quarter that ended in Mar. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	39.015	+	56.442	+	0	+	13.68
	=	109.1

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.

Spectrum ASA (GREY:SPTYF) 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.

Spectrum ASA's Liquidation Value for the quarter that ended in Mar. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	39.015	-	151.883	+	0.75 * 56.442	+	0.5 * 0
=	-70.5

Spectrum ASA Total Current Assets Related Terms

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Spectrum ASA (Spectrum ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Spectrum ASA (GREY:SPTYF) » Definitions » Total Current Assets

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Traded in Other Exchanges

N/A

Address

Karenslyst Alle 11, Oslo, NOR, N-0278

Website

http://www.spectrumgeo.com

Spectrum ASA is active in the oil & gas sector. The company is a provider of multi-client seismic data and data processing services to the oil and gas industry. It operates in two operating segments; Seismic Imaging and Multi-Client surveys. Most of its revenue is generated from the Multi-Client surveys segment. Its current Multi-Client data library includes 2D seismic data covering all the oil and gas producing regions in various regions. In addition, the library also includes 3D seismic data from the East Mediterranean area and the North Sea.

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