CGBSF (Crown LNG Holdings) Total Current Assets: $5.13 Mil (As of Jun. 2024)

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What is Crown LNG Holdings Total Current Assets?

Crown LNG Holdings CGBSF -99.00% Total Current Assets is $5.13 Mil as of Jun. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Crown LNG Holdings's total current assets for the quarter that ended in Jun. 2024 was $5.13 Mil.

Crown LNG Holdings  (OTCPK:CGBSF) 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.

Crown LNG Holdings's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.686-29.529+0.75 * 0+0.5 * 0
=-24.84

* 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.

Crown LNG Holdings Total Current Assets Related Terms

Crown LNG Holdings Total Current Assets Historical Data

* Premium members only.

The historical data trend for Crown LNG Holdings'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.

Crown LNG Holdings Total Current Assets Chart

Crown LNG Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Assets
0.09 0.94 0.05 4.73

Crown LNG Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial 0.00 0.05 0.06 4.73 5.13

Crown LNG Holdings 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.

Crown LNG Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.316+0.122+0+0.295
=4.73

Crown LNG Holdings's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.686+0+0+0.446
=5.13

* 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.

Frequently Asked Questions Learn more about Total Current Assets →
What does a Total Current Assets of $5.13 Mil mean?
Crown LNG Holdings (CGBSF) has a Total Current Assets of $5.13 Mil as of Jun. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Crown LNG Holdings and its competitors.
Is Crown LNG Holdings' Total Current Assets too high?
Crown LNG Holdings' current Total Current Assets is $5.13 Mil.
How does Crown LNG Holdings' Total Current Assets compare to SDXEF and HTPRF?
Crown LNG Holdings' Total Current Assets of $5.13 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Assets for an Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas industry context. However, Total Current Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Assets mean?
A high Total Current Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Crown LNG Holdings and its competitors. Crown LNG Holdings's current Total Current Assets is $5.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown LNG Holdings stock overvalued right now?
Crown LNG Holdings (CGBSF) has a current Total Current Assets of $5.13 Mil. The current Total Current Assets is $5.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Assets calculated?
Total Current Assets is calculated from a company's financial statements. For Crown LNG Holdings (CGBSF), the current Total Current Assets is $5.13 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Crown LNG Holdings Business Description

Industry EnergyOil & Gas
Address 44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
Crown LNG Holdings Ltd is an LNG infrastructure company that seeks to provide natural gas liquefaction, storage, and re-gasification services. It focuses on enabling a stable and reliable supply of LNG to customers, especially in geographic areas where onshore or floating facilities may be difficult or less desirable as a result of harsh weather conditions, safety or environmental concerns, or cost. It specializes in the design and operation of offshore, all-weather LNG liquefication and re-gasification terminals, such as gravity-based structures. Through Its technologies and design, It believes it can deliver tailored LNG infrastructure suitable for energy-isolated locations, as well as provide critical LNG infrastructure to under-served markets around the world.