Awilco Drilling (Awilco Drilling) Total Current Assets

: $2.79 Mil (As of Jun. 2023)

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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Awilco Drilling's total current assets for the quarter that ended in Jun. 2023 was $2.79 Mil.

Awilco Drilling Total Current Assets Historical Data

The historical data trend for Awilco Drilling'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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Awilco Drilling Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Current Assets

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80.95

55.92

24.18

10.46

11.52

Awilco Drilling Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23
Total Current Assets	Get a 7-Day Free Trial															10.46	2.88	13.32	11.52	2.79

Awilco Drilling 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.

Awilco Drilling's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8.88	+	2.601	+	0	+	0.033999999999999
	=	11.52

Awilco Drilling's Total Current Assets for the quarter that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	2.494	+	0.293	+	0	+	-4.4408920985006E-16
	=	2.79

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.

Awilco Drilling (OTCPK:AWLCF) 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.

Awilco Drilling's Liquidation Value for the quarter that ended in Jun. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.494	-	140.801	+	0.75 * 0.008	+	0.5 * 0
=	-138.30

Awilco Drilling Total Current Assets Related Terms

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Awilco Drilling (Awilco Drilling) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OTCPK:AWLCF) » Definitions » Total Current Assets

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AWDR:Norway 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.