Resolute Energy (Resolute Energy) Total Current Assets : $77.03 Mil (As of Sep. 2018)

View and export this data going back to 2017. Start your Free Trial

What is Resolute Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Resolute Energy's total current assets for the quarter that ended in Sep. 2018 was $77.03 Mil.

Resolute Energy Total Current Assets Historical Data

The historical data trend for Resolute 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.

Resolute Energy Total Current Assets Chart

Resolute Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Current Assets

Get a 7-Day Free Trial

105.24

136.87

140.22

191.78

77.88

Resolute Energy Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Total Current Assets	Get a 7-Day Free Trial															78.28	77.88	70.74	80.16	77.03

Resolute 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.

Resolute Energy's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.762	+	63.42	+	0	+	10.693
	=	77.88

Resolute Energy's Total Current Assets for the quarter that ended in Sep. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	3.269	+	65.655	+	0	+	8.105
	=	77.03

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.

Resolute Energy (OTCPK:RNSGP.PFD) 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.

Resolute Energy's Liquidation Value for the quarter that ended in Sep. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.269	-	992.636	+	0.75 * 9.701	+	0.5 * 0
=	-982.09

Resolute Energy Total Current Assets Related Terms

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

Resolute Energy (Resolute Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Resolute Energy Corp (OTCPK:RNSGP.PFD) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Lincoln Street, Suite 2800, Denver, CO, USA, 80203

Website

http://www.resoluteenergy.com

Resolute Energy Corp is an independent oil and gas company engaged in the exploitation, development, exploration for and acquisition of oil and gas properties. The group primarily operates in Oil, Gas and Natural gas liquids division. The company's operating assets are comprised primarily of properties in the Permian Basin in west Texas and southeast New Mexico and Aneth Field located in the Paradox Basin in the southeast. Geographically all the business activities of the firm are operated through the United States of America. Resolute derives the majority of revenue from oil division.