LNGNF (LNG Energy Group) Total Current Assets: $20.76 Mil (As of Sep. 2024)


What is LNG Energy Group Total Current Assets?

LNG Energy Group LNGNF -99.99% Total Current Assets is $20.76 Mil as of Sep. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. LNG Energy Group's total current assets for the quarter that ended in Sep. 2024 was $20.76 Mil.

LNG Energy Group  (OTCPK:LNGNF) 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.

LNG Energy Group's Liquidation Value for the quarter that ended in Sep. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3.497-172.666+0.75 * 2.887+0.5 * 7.25
=-163.38

* 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.

LNG Energy Group Total Current Assets Related Terms

LNG Energy Group Total Current Assets Historical Data

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The historical data trend for LNG 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.

LNG Energy Group Total Current Assets Chart

LNG Energy Group Annual Data
Trend May22 May23
Total Current Assets
7.10 5.21

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Total Current Assets Get a 7-Day Free Trial 0.13 4.88 28.49 26.16 20.76

LNG 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.

LNG Energy Group's Total Current Assets for the fiscal year that ended in May. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=4.9+0.175+0+0.136
=5.21

LNG Energy Group's Total Current Assets for the quarter that ended in Sep. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=3.497+5.523+7.25+4.488
=20.76

* 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 $20.76 Mil mean?
LNG Energy Group (LNGNF) has a Total Current Assets of $20.76 Mil as of Sep. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for LNG Energy Group and its competitors.
Is LNG Energy Group's Total Current Assets too high?
LNG Energy Group's current Total Current Assets is $20.76 Mil.
How does LNG Energy Group's Total Current Assets compare to ALTX and CRCE?
LNG Energy Group's Total Current Assets of $20.76 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 LNG Energy Group and its competitors. LNG Energy Group's current Total Current Assets is $20.76 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Total Current Assets of $20.76 Mil. The current Total Current Assets is $20.76 Mil. 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 LNG Energy Group (LNGNF), the current Total Current Assets is $20.76 Mil as of Sep. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.