DTNOY (DNO ASA) Total Current Assets : $1,287.3 Mil (As of Sep. 2024)

View and export this data going back to 2008. Start your Free Trial

What is DNO ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. DNO ASA's total current assets for the quarter that ended in Sep. 2024 was $1,287.3 Mil.

DNO ASA Total Current Assets Historical Data

The historical data trend for DNO ASA'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.

DNO ASA Total Current Assets Chart

DNO ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

1,157.30

821.60

1,277.30

1,464.80

1,062.00

DNO ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Current Assets	Get a 7-Day Free Trial															1,033.40	1,062.00	932.20	1,283.50	1,287.30

DNO ASA 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.

DNO ASA'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
	=	704.5	+	265.4	+	77.8	+	14.3
	=	1,062.0

DNO ASA's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	919.4	+	291.1	+	76.8	+	0
	=	1,287.3

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.

DNO ASA (OTCPK:DTNOY) 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.

DNO ASA's Liquidation Value for the quarter that ended in Sep. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	919.4	-	1830	+	0.75 * 184.9	+	0.5 * 76.8
=	-733.5

DNO ASA Total Current Assets Related Terms

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

DNO ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OTCPK:DTNOY) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

DTNOF:USA DNOo:Sweden DNO:Norway DNOo:UK 0MHP:UK NK1A:Germany

Address

Dokkveien 1, Aker Brygge, Oslo, NOR, 0250

Website

https://www.dno.no

DNO ASA is an oil and gas exploration and production company. Its producing assets are located across North Sea which generates the majority of the revenue, Kurdistan, and West Africa. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities. The company generates a majority of its revenue from the sale of oil and the rest from tariff income, sale of gas and natural gas liquids.