GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontera Energy Corp (BOG:PREC) » Definitions » Total Current Assets

Frontera Energy (BOG:PREC) Total Current Assets : COP1,933,958 Mil (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Frontera Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Frontera Energy's total current assets for the quarter that ended in Dec. 2023 was COP1,933,958 Mil.


Frontera Energy Total Current Assets Historical Data

The historical data trend for Frontera 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.

Frontera Energy Total Current Assets Chart

Frontera Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,298,254.58 2,210,026.39 2,038,231.22 2,423,940.94 1,933,957.71

Frontera Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,423,940.94 2,558,536.25 2,185,908.93 1,914,252.26 1,933,957.71

Frontera 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.

Frontera Energy's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

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

* 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.

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.


Frontera Energy  (BOG:PREC) 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.

Frontera Energy'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)
=639543.104-4735449.937+0.75 * 44322.985+0.5 * 289669.492
=-3,917,830

* 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.


Frontera Energy Total Current Assets Related Terms

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


Frontera Energy (BOG:PREC) Business Description

Traded in Other Exchanges
Address
1610, 222 - 3 Avenue SW, Calgary, AB, CAN, T2P 0B4
Frontera Energy Corp is a Canadian-based company engaged in the exploration, development, and production of crude oil and natural gas reserves in South America. It operates in four reportable segments such as Colombia, Ecuador, Guyana and Midstream Colombia. The majority of its revenue is generated from the Colombia segment.

Frontera Energy (BOG:PREC) Headlines

From GuruFocus