FET (Forum Energy Technologies) Total Current Assets : $495.6 Mil (As of Dec. 2024)

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What is Forum Energy Technologies Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Forum Energy Technologies's total current assets for the quarter that ended in Dec. 2024 was $495.6 Mil.

Forum Energy Technologies Total Current Assets Historical Data

The historical data trend for Forum Energy Technologies'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.

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Forum Energy Technologies Total Current Assets Chart

Forum Energy Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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490.19

446.73

512.87

529.60

495.64

Forum Energy Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Current Assets	Get a 7-Day Free Trial															529.60	546.79	521.32	523.73	495.64

Forum Energy Technologies 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.

Forum Energy Technologies's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.661	+	166.31	+	265.487	+	19.179
	=	495.6

Forum Energy Technologies's Total Current Assets for the quarter that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	44.661	+	166.31	+	265.487	+	19.179
	=	495.6

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.

Forum Energy Technologies (NYSE:FET) 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.

Forum Energy Technologies's Liquidation Value for the quarter that ended in Dec. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	44.661	-	496.054	+	0.75 * 153.926	+	0.5 * 265.487
=	-203.2

Forum Energy Technologies Total Current Assets Related Terms

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Forum Energy Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forum Energy Technologies Inc (NYSE:FET) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10344 Sam Houston Park Drive, Suite 300, Houston, TX, USA, 77064

Website

https://www.f-e-t.com

Forum Energy Technologies Inc is a products company, serving the oil, natural gas, industrial and renewable energy industries. The company designs, manufactures, and distributes products and engages in aftermarket parts supply and services that complement its product offering. Its products include engineered capital equipment, as well as products that are consumed in the drilling, well construction, production, and transportation of oil and natural gas. It operates in two reporting segments, namely Drilling and Completions and Artificial Lift and Downhole. Revenue largely comes from Artificial Lift and Downhole segment.

Executives

Neal Lux	officer: SVP Operations	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
C Christopher Gaut	director, officer: President, CEO & COB	1401 MCKINNEY STREET, SUITE 2400, HOUSTON TX 77010
Louis Raspino	director	1330 POST OAK BLVD, STE 2700, HOUSTON TX 77056
John C Ivascu	officer: SVP and General Counsel	920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024
Katherine Campbell Keller	officer: VP PAO	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Scf Partners, Inc.	10 percent owner, other: Member of Group	600 TRAVIS STE 6600, HOUSTON TX 77002
Rowsey Paul E Iii	director	CRESCENT REAL ESTATE EQUAITIES LTD, 777 MAIN STREET, FORT WORTH TX 76102
Emily Reichert	director	10344 SAM HOUSTON PARK DRIVE, SUITE 300, HOUSTON TX 77064
Evelyn M Angelle	director	10200 BELLAIRE BLVD., 2NE-12A, HOUSTON TX 77072
Andrew L Waite	director
David C Baldwin	director	11700 OLD KATY ROAD, SUITE 300, HOUSTON TX 77079
Michael Dewayne Danford	officer: VP - Human Resources	3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
John Mcelroy	officer: Principal Accounting Officer	10344 SAM HOUSTON PARK DRIVE, HOUSTON TX 77064
Scf Gp Llc	10 percent owner	600 TRAVIS STREET, SUITE 6600, HOUSTON TX 77002
Prady Iyyanki	officer: EVP & Chief Operating Officer	920 MEMORIAL CITY WAY, SUITE 1000, HOUSTON TX 77024