Thor Energy (LSE:THR) Total Current Assets : £0.60 Mil (As of Dec. 2023)

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What is Thor Energy Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Thor Energy's total current assets for the quarter that ended in Dec. 2023 was £0.60 Mil.

Thor Energy Total Current Assets Historical Data

The historical data trend for Thor Energy'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.

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Thor Energy Total Current Assets Chart

Thor Energy Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Current Assets

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0.59

0.28

0.84

1.41

1.06

Thor Energy Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1.70	1.41	1.61	1.06	0.60

Thor Energy 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.

Thor Energy's Total Current Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	1.022	+	0.015	+	0	+	0.02
	=	1.06

Thor Energy's Total Current Assets for the quarter that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	0.525	+	0.076	+	0	+	0
	=	0.60

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.

Thor Energy (LSE:THR) 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.

Thor Energy's Liquidation Value for the quarter that ended in Dec. 2023 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	0.525	-	0.222	+	0.75 * 0.076	+	0.5 * 0
=	0.36

Thor Energy Total Current Assets Related Terms

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Thor Energy (LSE:THR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thor Energy PLC (LSE:THR) » Definitions » Total Current Assets

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Traded in Other Exchanges

THORF:USA T5MB:Germany THR:Australia

Address

Salisbury House, London Wall, London, GBR, EC2M 5PS

Website

https://www.thorenergyplc.com

Thor Energy PLC is a uranium and energy metals resource company. It is focused on uranium and energy metals that are crucial in the shift to a green energy economy. Thor has prospective projects that give exposure to uranium, nickel, copper, lithium and gold minerals. The group's projects are located in Australia and the USA.