FTS International (FTS International) Total Current Assets : $184.2 Mil (As of Sep. 2021)

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What is FTS International Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. FTS International's total current assets for the quarter that ended in Sep. 2021 was $184.2 Mil.

FTS International Total Current Assets Historical Data

The historical data trend for FTS International'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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FTS International Total Current Assets Chart

FTS International Annual Data

Trend

Dec08

Dec09

Dec10

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Total Current Assets

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279.40

506.60

409.70

352.50

169.40

FTS International Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Total Current Assets	Get a 7-Day Free Trial															229.00	169.40	179.20	184.90	184.20

FTS International 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.

FTS International's Total Current Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	94	+	26.9	+	29	+	19.5
	=	169.4

FTS International's Total Current Assets for the quarter that ended in Sep. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	87.9	+	55	+	36.4	+	4.9
	=	184.2

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.

FTS International (AMEX:FTSI) 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.

FTS International's Liquidation Value for the quarter that ended in Sep. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	87.9	-	76.8	+	0.75 * 55	+	0.5 * 36.4
=	70.6

FTS International Total Current Assets Related Terms

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FTS International (FTS International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » FTS International Inc (AMEX:FTSI) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Main Street, Suite 2900, Fort Worth, TX, USA, 76102

Website

https://www.ftsi.com

FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.

Executives

Jared Vitemb	officer: SVP, Gen Cnsl & Chf Compl Ofcr	777 MAIN STREET, SUITE 2906, FORT WORTH TX 76102
Michael J Doss	director, officer: Chief Executive Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Buddy Petersen	officer: Chief Operating Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Lance D. Turner	officer: CFO and Treasurer	777 MAIN STREET, SUITE 2900, FORT WORTH TX 76102
Karen D. Thornton	officer: Chief Administrative Officer	777 MAIN STREET, SUITE 2900 FORT WORTH TX 76102
Temasek Holdings (private) Ltd	10 percent owner	60B ORCHARD ROAD #06-18 TOWER 2, THE ATRIUM@ORCHARD, SINGAPORE U0 238891
Eugene I Davis	director	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Derek Gipson	director	777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Robert Kelly Owen	director	777 MAIN STREET SUITE 2900 FORT WORTH TX 76102
Thrc Holdings, Lp	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Christopher Robert Sayer	director	FIS INTERNATIONAL, INC. 777 MAIN STREET, SUITE 2900 FORTH WORTH TX 76102
Thrc Management, Llc	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Staci Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks	10 percent owner	17018 INTERSTATE 20, CISCO TX 76437
Glendon Capital Management Lp	director, 10 percent owner	2425 OLYMPIC BLVD, SUITE 500E, SANTA MONICA CA 90404