Sirius Minerals (Sirius Minerals) Total Current Assets : $885.81 Mil (As of Jun. 2019)

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What is Sirius Minerals Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sirius Minerals's total current assets for the quarter that ended in Jun. 2019 was $885.81 Mil.

Sirius Minerals Total Current Assets Historical Data

The historical data trend for Sirius Minerals'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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Sirius Minerals Total Current Assets Chart

Sirius Minerals Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Dec16

Dec17

Dec18

Total Current Assets

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82.14

41.93

763.88

564.75

338.61

Sirius Minerals Semi-Annual Data
	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19
Total Current Assets	Get a 7-Day Free Trial															663.61	564.75	386.33	338.61	885.81

Sirius Minerals 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.

Sirius Minerals'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
	=	291.266	+	0	+	0	+	47.342
	=	338.61

Sirius Minerals's Total Current Assets for the quarter that ended in Jun. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	442.332	+	0	+	0	+	443.473
	=	885.81

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.

Sirius Minerals (OTCPK:SRUXY) 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.

Sirius Minerals's Liquidation Value for the quarter that ended in Jun. 2019 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	442.332	-	1014.195	+	0.75 * 0	+	0.5 * 0
=	-571.86

Sirius Minerals Total Current Assets Related Terms

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Sirius Minerals (Sirius Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Sirius Minerals PLC (OTCPK:SRUXY) » Definitions » Total Current Assets

Traded in Other Exchanges

N/A

Address

68 Haymarket, Third Floor, Greener House, London, GBR, SW1Y 4RF

Website

http://www.siriusminerals.com

Sirius Minerals PLC is a producer of multi-nutrient fertilizers. The company is currently organized into one business division: the UK segment. Under its UK segment, the firm conducts North Yorkshire polyhalite project related activities and the corporate operations. POLY4 is the trademark name of all polyhalite products from the company. The company operates its business mainly in the United Kingdom.

Sirius Minerals (Sirius Minerals) Headlines

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