Hermitage Offshore Services (FRA:N5OA) Total Current Assets : €21.09 Mil (As of Mar. 2020)

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What is Hermitage Offshore Services Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Hermitage Offshore Services's total current assets for the quarter that ended in Mar. 2020 was €21.09 Mil.

Hermitage Offshore Services Total Current Assets Historical Data

The historical data trend for Hermitage Offshore Services'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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Hermitage Offshore Services Total Current Assets Chart

Hermitage Offshore Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

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13.37

7.50

31.33

12.45

21.33

Hermitage Offshore Services Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Total Current Assets	Get a 7-Day Free Trial															-	22.14	16.98	21.33	21.09

Hermitage Offshore Services 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.

Hermitage Offshore Services's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	11.413	+	7.543	+	1.627	+	0.75
	=	21.33

Hermitage Offshore Services's Total Current Assets for the quarter that ended in Mar. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	9.783	+	7.814	+	2.112	+	1.38
	=	21.09

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.

Hermitage Offshore Services (FRA:N5OA) 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.

Hermitage Offshore Services's Liquidation Value for the quarter that ended in Mar. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	9.783	-	134.499	+	0.75 * 7.814	+	0.5 * 2.112
=	-117.80

Hermitage Offshore Services Total Current Assets Related Terms

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Hermitage Offshore Services (FRA:N5OA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Hermitage Offshore Services Ltd (FRA:N5OA) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

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Address

27 Reid Street, LOM Building, Hamilton, BMU, HM 11

Website

https://www.hermitage-offshore.com

Hermitage Offshore Services Ltd is a platform supply vessel company. The company owns and operates platform supply vessels in the North Sea and in West Africa. Its operating segment is the offshore support vessel market. All the company's vessels operate in the North Sea in both the term and spot market. Its vessels are considered homogeneous and interchangeable as it has approximately the same cargo deck area and capacity.

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