GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lochard Energy Group PLC (LSE:LHD) » Definitions » Total Current Assets

Lochard Energy Group (LSE:LHD) Total Current Assets : £4.83 Mil (As of Dec. 2012)


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

What is Lochard Energy Group Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Lochard Energy Group's total current assets for the quarter that ended in Dec. 2012 was £4.83 Mil.


Lochard Energy Group Total Current Assets Historical Data

The historical data trend for Lochard 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.

Lochard Energy Group Total Current Assets Chart

Lochard Energy Group Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.68 17.11 10.17 17.97 8.19

Lochard Energy Group Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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 12.82 17.97 9.29 8.19 4.83

Lochard 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.

Lochard Energy Group's Total Current Assets for the fiscal year that ended in Jun. 2012 is calculated as

Lochard Energy Group's Total Current Assets for the quarter that ended in Dec. 2012 is calculated as

* 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.


Lochard Energy Group  (LSE:LHD) 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.

Lochard Energy Group's Liquidation Value for the quarter that ended in Dec. 2012 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.105-11.606+0.75 * 0+0.5 * 0.183
=-11.41

* 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.


Lochard Energy Group Total Current Assets Related Terms

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


Lochard Energy Group (LSE:LHD) Business Description

Traded in Other Exchanges
N/A
Address
Website

Lochard Energy Group (LSE:LHD) Headlines

No Headlines