Petra Diamonds (Petra Diamonds) Total Current Assets : $198.8 Mil (As of Dec. 2023)

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What is Petra Diamonds Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Petra Diamonds's total current assets for the quarter that ended in Dec. 2023 was $198.8 Mil.

Petra Diamonds Total Current Assets Historical Data

The historical data trend for Petra Diamonds'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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Petra Diamonds Total Current Assets Chart

Petra Diamonds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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207.30

191.40

334.00

408.60

192.20

Petra Diamonds 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															396.00	408.60	253.00	192.20	198.80

Petra Diamonds 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.

Petra Diamonds's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.1	+	37.2	+	88.4	+	22.5
	=	192.2

Petra Diamonds's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	56.6	+	43.5	+	80	+	18.7
	=	198.8

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.

Petra Diamonds (OTCPK:PDLMF) 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.

Petra Diamonds'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)
=	56.6	-	584.2	+	0.75 * 43.5	+	0.5 * 80
=	-455.0

Petra Diamonds Total Current Assets Related Terms

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Petra Diamonds (Petra Diamonds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petra Diamonds Ltd (OTCPK:PDLMF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

PDLl:UK PDL:UK FPO:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.petradiamonds.com

Petra Diamonds Ltd is an independent diamond mining company and supplier of rough diamonds to the international market. Group functions through Mining and Exploration segment which include extraction and sale of rough diamonds from mining operations in South Africa and Tanzania and exploration activities in Botswana. Its operating mines include Finsch, Cullinan, Koffiefontein, and Williamson. Revenue for the firm is generated through the sale of goods.