Verso (VRS) Total Current Assets : $415 Mil (As of Dec. 2021)

View and export this data going back to 2016. Start your Free Trial

What is Verso Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Verso's total current assets for the quarter that ended in Dec. 2021 was $415 Mil.

Verso Total Current Assets Historical Data

The historical data trend for Verso'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.

Verso Total Current Assets Chart

Verso Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Total Current Assets

Get a 7-Day Free Trial

614.00

633.00

599.00

466.00

415.00

Verso Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Total Current Assets	Get a 7-Day Free Trial															466.00	445.00	402.00	433.00	415.00

Verso 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.

Verso's Total Current Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	172	+	106	+	127	+	10
	=	415

Verso's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	172	+	106	+	127	+	10
	=	415

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.

Verso (NYSE:VRS) 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.

Verso's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	172	-	356	+	0.75 * 106	+	0.5 * 127
=	-41

Verso Total Current Assets Related Terms

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

Verso (VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Verso Corp (NYSE:VRS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

8540 Gander Creek Drive, Miamisburg, OH, USA, 45342

Website

https://www.versoco.com

Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.

Executives

Allen James Campbell	officer: SVP and CFO	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Randy J. Nebel	director	KAPSTONE PAPER AND PACKAGING CORP. 1101 SKOKIE BLVD., SUITE 300 NORTHBROOK IL 60062
Jeffrey E Kirt	director	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10038
Terrence M Dyer	officer: SVP - HR & Comm	8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
John Adam St.	director, officer: CEO	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Aaron D. Haas	officer: SVP - Sales & Mktg	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Matthew Archambeau	officer: SVP - Mfg & Energy	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Nancy M Taylor	director	TREDEGAR CORP, 1100 BOULDERS PARKWAY, RICHMOND VA 23219
Robert K Beckler	director	VERSO CORPORATION 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Marvin D Cooper	director	VERSO CORPORATION, 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Sean T Erwin	director	8540 GANDER CREEK DRIVE DAYTON OH 45342
Leslie T Lederer	other: Former Officer	C/O SMURFIT STONE CONTAINER CORP 150 NORTH MICHIGAN AVE CHICAGO IL 60601
Michael A. Weinhold	officer: President	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Kenneth D Sawyer	officer: SVP - HR & Comm	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
B. Christopher Disantis	director, officer: President and CEO	8540 GANDER CREEK DRIVE MIAMISBURG OH 45342