Sino Oil and Gas Holdings (HKSE:00702) Total Current Assets: HK$173.5 Mil (As of Jun. 2024)

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HKSE:00702 Sino Oil and Gas Holdings Ltd HKSE:00702
4 GF Score
Price HK$0.03
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What is Sino Oil and Gas Holdings Total Current Assets?

Sino Oil and Gas Holdings HKSE:00702 4 Total Current Assets is HK$173.5 Mil as of Jun. 2024. GuruFocus rates HKSE:00702 with a GF Score™ of 4/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Sino Oil and Gas Holdings's total current assets for the quarter that ended in Jun. 2024 was HK$173.5 Mil.

Sino Oil and Gas Holdings  (HKSE:00702) 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.

Sino Oil and Gas Holdings's Liquidation Value for the quarter that ended in Jun. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=58.388-3890.813+0.75 * 61.897+0.5 * 10.535
=-3,780.7

* 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.

Sino Oil and Gas Holdings Total Current Assets Related Terms

Sino Oil and Gas Holdings Total Current Assets Historical Data

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The historical data trend for Sino Oil and Gas Holdings'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.

Sino Oil and Gas Holdings Total Current Assets Chart

Sino Oil and Gas Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 572.41 698.49 151.89 196.16 194.26

Sino Oil and Gas Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 210.07 196.16 144.00 194.26 173.53
HKSE:00702
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Sino Oil and Gas Holdings Ltd HKSE:00702
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sino Oil and Gas Holdings 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.

Sino Oil and Gas Holdings's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=81.444+82.425+13.702+16.685
=194.3

Sino Oil and Gas Holdings's Total Current Assets for the quarter that ended in Jun. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=58.388+88.322+10.535+16.282
=173.5

* 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.

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 HK$173.5 Mil mean?
Sino Oil and Gas Holdings (HKSE:00702) has a Total Current Assets of HK$173.5 Mil as of Jun. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Sino Oil and Gas Holdings and its competitors.
Is Sino Oil and Gas Holdings' Total Current Assets too high?
Sino Oil and Gas Holdings' current Total Current Assets is HK$173.5 Mil. Overall, Sino Oil and Gas Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sino Oil and Gas Holdings' Total Current Assets compare to competitors?
Sino Oil and Gas Holdings' Total Current Assets of HK$173.5 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Total Current Assets depends on the Other Energy Sources 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 Sino Oil and Gas Holdings and its competitors. Sino Oil and Gas Holdings's current Total Current Assets is HK$173.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Oil and Gas Holdings stock overvalued right now?
Sino Oil and Gas Holdings (HKSE:00702) has a current Total Current Assets of HK$173.5 Mil. The current Total Current Assets is HK$173.5 Mil. Sino Oil and Gas Holdings' overall GF Score™ is 4/100. 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 Sino Oil and Gas Holdings (HKSE:00702), the current Total Current Assets is HK$173.5 Mil as of Jun. 2024. 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.

Sino Oil and Gas Holdings Business Description

Address 188 Connaught Road West, Room 3710, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates the majority of its revenues from the Coalbed methane segment. It geographically earns revenues from the People's Republic of China.
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Total Current Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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