Newfield Exploration Co (FRA:NX9) Total Current Assets : €649 Mil (As of Sep. 2018)

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What is Newfield Exploration Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Newfield Exploration Co's total current assets for the quarter that ended in Sep. 2018 was €649 Mil.

Newfield Exploration Co Total Current Assets Historical Data

The historical data trend for Newfield Exploration Co'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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Newfield Exploration Co Total Current Assets Chart

Newfield Exploration Co Annual Data

Trend

Dec08

Dec09

Dec10

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Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Total Current Assets

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657.73

762.34

573.75

899.65

630.37

Newfield Exploration Co Quarterly Data
	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18
Total Current Assets	Get a 7-Day Free Trial															701.40	630.37	523.91	647.14	648.75

Newfield Exploration Co 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.

Newfield Exploration Co's Total Current Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	275.47	+	246.74	+	12.675	+	95.485
	=	630

Newfield Exploration Co's Total Current Assets for the quarter that ended in Sep. 2018 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	226.248	+	330.802	+	21.425	+	70.274
	=	649

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.

Newfield Exploration Co (FRA:NX9) 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.

Newfield Exploration Co's Liquidation Value for the quarter that ended in Sep. 2018 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	226.248	-	3260.885	+	0.75 * 222.82	+	0.5 * 21.425
=	-2,857

Newfield Exploration Co Total Current Assets Related Terms

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Newfield Exploration Co (FRA:NX9) Business Description

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Address

Website

http://www.newfield.com

Newfield Exploration Company is an independent exploration and production company that participates in exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company operates with a portfolio of onshore liquids-rich resource plays. Newfield Exploration has extensive drilling inventories in the United States' drilling areas. The majority of Newfield's operations are located in the Anadarko and Arkoma basins of Oklahoma, Willingston basin of North Dakota and Uinta basin of Utah. It also has oil producing assets offshore China. The majority of Newfield's oil, natural gas, and natural gas liquids are sold to a variety of purchasers under short-term contracts.

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