Europa Oil & Gas (Holdings) (LSE:EOG) Total Current Assets: £2.78 Mil (As of Jul. 2024)


What is Europa Oil & Gas (Holdings) Total Current Assets?

Europa Oil & Gas (Holdings) LSE:EOG Total Current Assets is £2.78 Mil as of Jul. 2024.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Europa Oil & Gas (Holdings)'s total current assets for the quarter that ended in Jul. 2024 was £2.78 Mil.

Europa Oil & Gas (Holdings)  (LSE:EOG) 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.

Europa Oil & Gas (Holdings)'s Liquidation Value for the quarter that ended in Jul. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1.463-6+0.75 * 1.002+0.5 * 0.009
=-3.78

* 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.

Europa Oil & Gas (Holdings) Total Current Assets Related Terms

Europa Oil & Gas (Holdings) Total Current Assets Historical Data

* Premium members only.

The historical data trend for Europa Oil & 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.

Europa Oil & Gas (Holdings) Total Current Assets Chart

Europa Oil & Gas (Holdings) Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.46 10.20 6.08 2.78

Europa Oil & Gas (Holdings) Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 10.20 6.70 6.08 4.83 2.78

Europa Oil & 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.

Europa Oil & Gas (Holdings)'s Total Current Assets for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.463+1.035+0.009+0.274
=2.78

Europa Oil & Gas (Holdings)'s Total Current Assets for the quarter that ended in Jul. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=1.463+1.035+0.009+0.274
=2.78

* 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 £2.78 Mil mean?
Europa Oil & Gas (Holdings) (LSE:EOG) has a Total Current Assets of £2.78 Mil as of Jul. 2024. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Europa Oil & Gas (Holdings) and its competitors.
Is Europa Oil & Gas (Holdings)'s Total Current Assets too high?
Europa Oil & Gas (Holdings)'s current Total Current Assets is £2.78 Mil.
How does Europa Oil & Gas (Holdings)'s Total Current Assets compare to COP and EOG?
Europa Oil & Gas (Holdings)'s Total Current Assets of £2.78 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 Europa Oil & Gas (Holdings) and its competitors. Europa Oil & Gas (Holdings)'s current Total Current Assets is £2.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europa Oil & Gas (Holdings) stock overvalued right now?
Europa Oil & Gas (Holdings) (LSE:EOG) has a current Total Current Assets of £2.78 Mil. The current Total Current Assets is £2.78 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 Europa Oil & Gas (Holdings) (LSE:EOG), the current Total Current Assets is £2.78 Mil as of Jul. 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.

Europa Oil & Gas (Holdings) Business Description

Industry EnergyOil & Gas
Address 54 Charlotte Street, London, GBR, W1T 2NS
Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.