GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Coelacanth Energy Inc (TSXV:CEI) » Definitions » Total Current Assets

Coelacanth Energy (TSXV:CEI) Total Current Assets : C$87.62 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Coelacanth Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Coelacanth Energy's total current assets for the quarter that ended in Dec. 2023 was C$87.62 Mil.


Coelacanth Energy Total Current Assets Historical Data

The historical data trend for Coelacanth 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.

Coelacanth Energy Total Current Assets Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
Total Current Assets
0.76 67.94 87.62

Coelacanth Energy Quarterly Data
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 67.94 56.01 51.96 38.80 87.62

Coelacanth 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.

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

Coelacanth Energy'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.


Coelacanth Energy  (TSXV:CEI) 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.

Coelacanth Energy'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)
=82.568-36.475+0.75 * 4.139+0.5 * 0
=49.20

* 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.


Coelacanth Energy Total Current Assets Related Terms

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


Coelacanth Energy (TSXV:CEI) Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.
Executives
Nolan Gregory Chicoine Senior Officer
Peter James Roy Cochrane Senior Officer
Jody Denis Senior Officer
Harvey Doerr Director
John Nandor Fur Senior Officer
William Lancaster Director
Tom Medvedic Director
Robert John Zakresky Senior Officer