Akita Drilling (FRA:774) Total Current Assets: €31.5 Mil (As of Mar. 2026)

What is Akita Drilling Total Current Assets?

Akita Drilling FRA:774 56 Total Current Assets is €31.5 Mil as of Mar. 2026. GuruFocus rates FRA:774 with a GF Score™ of 56/100 and a GF Value™ of €1.09 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Akita Drilling's total current assets for the quarter that ended in Mar. 2026 was €31.5 Mil.

Akita Drilling (FRA:774) 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.

Akita Drilling's Liquidation Value for the quarter that ended in Mar. 2026 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	4.89	-	44.433	+	0.75 * 24.907	+	0.5 * 0
=	-20.9

* 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.

Akita Drilling Total Current Assets Related Terms

Akita Drilling Total Current Assets Historical Data

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The historical data trend for Akita Drilling's Total Current Assets can be seen below:

Akita Drilling Total Current Assets Chart

Akita Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Current Assets

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20.90

42.93

40.39

40.22

24.87

Akita Drilling Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Current Assets	Get a 7-Day Free Trial															41.46	31.86	31.21	24.87	31.51

56GF Score

Akita Drilling Ltd FRA:774

Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.

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Akita Drilling 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.

Akita Drilling's Total Current Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	5.488	+	18.243	+	0	+	1.134
	=	24.9

Akita Drilling's Total Current Assets for the quarter that ended in Mar. 2026 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	4.89	+	24.907	+	0	+	1.708
	=	31.5

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 €31.5 Mil mean?

Akita Drilling (FRA:774) has a Total Current Assets of €31.5 Mil as of Mar. 2026. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Akita Drilling and its competitors.

Is Akita Drilling's Total Current Assets too high?

Akita Drilling's current Total Current Assets is €31.5 Mil. Overall, Akita Drilling has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Akita Drilling's Total Current Assets compare to NE and RIG?

Akita Drilling's Total Current Assets of €31.5 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 Akita Drilling and its competitors. Akita Drilling's current Total Current Assets is €31.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Akita Drilling stock overvalued right now?

Based on GuruFocus' analysis, Akita Drilling (FRA:774) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.09, compared to a current price of €2.12 — trading 94.5% above its estimated fair value. The current Total Current Assets is €31.5 Mil. Akita Drilling's overall GF Score™ is 56/100 with 2 warning signs to review. 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 Akita Drilling (FRA:774), the current Total Current Assets is €31.5 Mil as of Mar. 2026. 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.

Is Akita Drilling (FRA:774) Overvalued in 2026?

Based on GuruFocus' analysis, Akita Drilling stock appears to be overvalued. The current stock price of €2.12 is trading 94.5% above its estimated GF Value™ of €1.09. GuruFocus considers Akita Drilling to be Significantly Overvalued.

Key valuation signals for FRA:774:

Total Current Assets: €31.5 Mil
GF Value™: €1.09 vs. price of €2.12 (94.5% above fair value)
GF Score™: 56/100 with 2 warning signs

No single metric tells the full story. See the FRA:774 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Akita Drilling Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:WRG TSXV:SDI TSX:ACX TSXV:WGT TSX:PHX TSX:ESI ADX:ADNOCDRILL NE RIG SAU:2382 VAL SHSE:600871 PTEN HP SDRL SAU:2381 OSL:ODL BORR NBR SOC

Other Exchanges AKTAF:USA AKT.B:Canada AKT.A:Canada

Address 333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1

Website https://www.akita-drilling.com

Akita Drilling Ltd is a Canadian oil and gas drilling contractor. It provides contract drilling services to the oil and gas industry. The company has two operating segments, Canada and the United States, providing contract drilling services to the oil and gas industry and from time to time, other forms of drilling related to potash mining and the development of storage caverns. The majority of the company's revenue is derived from the United States segment.

56GF Score

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€2.12

Price

€1.09

GF Value

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