HRST (Harvest Oil & Gas) Total Current Assets: $40.02 Mil (As of Sep. 2020)


HRST Harvest Oil & Gas Corp HRST
12 GF Score
Price $3.04
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What is Harvest Oil & Gas Total Current Assets?

Harvest Oil & Gas HRST -10.06% 12 Total Current Assets is $40.02 Mil as of Sep. 2020. GuruFocus rates HRST with a GF Score™ of 12/100.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Harvest Oil & Gas's total current assets for the quarter that ended in Sep. 2020 was $40.02 Mil.

Harvest Oil & Gas  (OTCPK:HRST) 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.

Harvest Oil & Gas's Liquidation Value for the quarter that ended in Sep. 2020 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=17.678-96.547+0.75 * 7.867+0.5 * 0
=-72.97

* 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.

Harvest Oil & Gas Total Current Assets Related Terms

Harvest Oil & Gas Total Current Assets Historical Data

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The historical data trend for Harvest Oil & Gas'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.

Harvest Oil & Gas Total Current Assets Chart

Harvest Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115.56 52.30 61.43 115.83 60.87

Harvest Oil & Gas Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 129.52 60.87 65.77 59.70 40.02
HRST
12GF Score
Harvest Oil & Gas Corp HRST
Total Current Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Harvest Oil & Gas 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.

Harvest Oil & Gas'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
=28.968+15.397+0+16.508
=60.87

Harvest Oil & Gas's Total Current Assets for the quarter that ended in Sep. 2020 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=17.678+9.891+0+12.449
=40.02

* 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 $40.02 Mil mean?
Harvest Oil & Gas (HRST) has a Total Current Assets of $40.02 Mil as of Sep. 2020. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Harvest Oil & Gas and its competitors.
Is Harvest Oil & Gas' Total Current Assets too high?
Harvest Oil & Gas' current Total Current Assets is $40.02 Mil. Overall, Harvest Oil & Gas has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Harvest Oil & Gas' Total Current Assets compare to LLEX and VKIN?
Harvest Oil & Gas' Total Current Assets of $40.02 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Current Assets depends on the Oil & Gas 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 Harvest Oil & Gas and its competitors. Harvest Oil & Gas's current Total Current Assets is $40.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harvest Oil & Gas stock overvalued right now?
Harvest Oil & Gas (HRST) has a current Total Current Assets of $40.02 Mil. The current Total Current Assets is $40.02 Mil. Harvest Oil & Gas' overall GF Score™ is 12/100. 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 Harvest Oil & Gas (HRST), the current Total Current Assets is $40.02 Mil as of Sep. 2020. 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.

Harvest Oil & Gas Business Description

Industry EnergyOil & Gas
Address 1001 Fannin Street, Suite 300, Houston, TX, USA, 77002
Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.
12GF Score

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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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