Magnus Energy Group (HAM:SHH1) Total Current Assets : €5.28 Mil (As of Dec. 2021)

View and export this data going back to 2015. Start your Free Trial

What is Magnus Energy Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Magnus Energy Group's total current assets for the quarter that ended in Dec. 2021 was €5.28 Mil.

Magnus Energy Group Total Current Assets Historical Data

The historical data trend for Magnus Energy 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.

Magnus Energy Group Total Current Assets Chart

Magnus Energy Group Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Total Current Assets

Get a 7-Day Free Trial

21.27

16.99

11.40

9.89

6.88

Magnus Energy Group Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Sep21	Dec21
Total Current Assets	Get a 7-Day Free Trial															6.53	5.67	5.87	5.63	5.28

Magnus Energy 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.

Magnus Energy Group's Total Current Assets for the fiscal year that ended in Jun. 2020 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.889	+	0.544	+	0.344	+	4.1
	=	6.88

Magnus Energy Group's Total Current Assets for the quarter that ended in Dec. 2021 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.327	+	0.656	+	0.585	+	3.716
	=	5.28

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.

Magnus Energy Group (HAM:SHH1) 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.

Magnus Energy Group's Liquidation Value for the quarter that ended in Dec. 2021 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.327	-	3.545	+	0.75 * 0.656	+	0.5 * 0.585
=	-2.43

Magnus Energy Group Total Current Assets Related Terms

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

Magnus Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Magnus Energy Group Ltd (HAM:SHH1) » Definitions » Total Current Assets

Comparable Companies

SGX:EB7 SGX:5OR SGX:42D SGX:557 SGX:578 SGX:5PL SGX:BLZ SGX:RF7 SGX:5G2 SGX:BDU SGX:M05 SGX:5NF SGX:5QT SGX:BLH SGX:BTP SGX:IX2 SGX:C13 SGX:5ME

Traded in Other Exchanges

N/A

Address

30 Cecil Street, No 19-08, Prudential Tower, Singapore, SGP, 049712

Website

https://www.magnusenergy.com.sg

Magnus Energy Group Ltd through its subsidiaries is engaged in the distribution of oil and gas equipment and trades renewable energy and natural resources. The company reportable segments are Oilfield equipment supply and services, Waste water treatment, Renewable energy, Drilling services, EPCC services and Investment holding.. It generates maximum revenue from Oilfield equipment supply and services segment. The company operates in Singapore, Australia, Malaysia, Indonesia, United States of America, United Arab Emirates and others.

Magnus Energy Group Headlines

No Headlines