Titan Petrochemicals Group (FRA:TIP1) Total Current Assets : €22.58 Mil (As of Jun. 2020)

View and export this data going back to 2005. Start your Free Trial

What is Titan Petrochemicals Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Titan Petrochemicals Group's total current assets for the quarter that ended in Jun. 2020 was €22.58 Mil.

Titan Petrochemicals Group Total Current Assets Historical Data

The historical data trend for Titan Petrochemicals Group'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.

Titan Petrochemicals Group Total Current Assets Chart

Titan Petrochemicals Group Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Total Current Assets

Get a 7-Day Free Trial

29.11

73.43

65.35

14.58

10.77

Titan Petrochemicals Group Semi-Annual Data
	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20
Total Current Assets	Get a 7-Day Free Trial															24.27	14.58	12.47	10.77	22.58

Titan Petrochemicals Group 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.

Titan Petrochemicals Group'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
	=	0.399	+	4.981	+	1.551	+	3.84
	=	10.77

Titan Petrochemicals Group's Total Current Assets for the quarter that ended in Jun. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.189	+	4.534	+	4.608	+	13.251
	=	22.58

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.

Titan Petrochemicals Group (FRA:TIP1) 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.

Titan Petrochemicals Group's Liquidation Value for the quarter that ended in Jun. 2020 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.189	-	141.192	+	0.75 * 4.534	+	0.5 * 4.608
=	-135.30

Titan Petrochemicals Group Total Current Assets Related Terms

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

Titan Petrochemicals Group (FRA:TIP1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Titan Petrochemicals Group Ltd (FRA:TIP1) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Hennessy Road, Room 802, 8th Floor, OfficePlus@Wan Chai, Wanchai, Hong Kong, HKG

Website

http://www.petrotitan.com

Titan Petrochemicals Group Ltd is principally engaged in the business of construction and repair of the ship, and upstream and downstream oil and gas business. It is also engaged in providing logistics, transportation, distribution, and marine services for petrochemical products in the Asia Pacific region. It operates through two business units: Trading of commodities; and Shipbuilding, ship repairing and manufacturing of steel structure. It earns all its revenues from China.

Titan Petrochemicals Group (FRA:TIP1) Headlines

No Headlines