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Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Nabors Energy Transition's total current assets for the quarter that ended in Sep. 2023 was $0.19 Mil.
The historical data trend for Nabors Energy Transition'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.
Nabors Energy Transition Annual Data | |||||
Trend | Dec21 | Dec22 | |||
Total Current Assets | 2.51 | 0.84 |
Nabors Energy Transition Quarterly Data | |||||||||||
Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Total Current Assets | Get a 7-Day Free Trial | 1.10 | 0.84 | 0.60 | 0.95 | 0.19 |
Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.
Nabors Energy Transition's Total Current Assets for the fiscal year that ended in Dec. 2022 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 0.468 | + | 0 | + | 0 | + | 0.375 | |
= | 0.84 |
Nabors Energy Transition's Total Current Assets for the quarter that ended in Sep. 2023 is calculated as
Total Current Assets | = | Cash, Cash Equivalents, Marketable Securities | + | Total Receivables | + | Total Inventories | + | Other Current Assets |
= | 0.083 | + | 0 | + | 0 | + | 0.106 | |
= | 0.19 |
* 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.
Nabors Energy Transition (NYSE:NETC) 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.
Nabors Energy Transition's Liquidation Value for the quarter that ended in Sep. 2023 is
Liquidation value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 0.083 | - | 11.009 | + | 0.75 * 0 | + | 0.5 * 0 |
= | -10.93 |
* 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.
Thank you for viewing the detailed overview of Nabors Energy Transition's Total Current Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
John Yearwood | director | HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL |
Maria S. Dreyfus | director | 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019 |
Anthony G Petrello | director, 10 percent owner, officer: President, CEO and Secretary | NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067 |
William J Restrepo | officer: Chief Financial Officer | P.O. BOX 60068, HOUSTON TX 77205-0068 |
Guillermo Sierra | officer: VP, Energy Transition | C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002 |
Jennifer Gill Roberts | director | C/O SEVIN ROSEN FUNDS, 13455 NOEL ROAD, SUITE 1670, DALLAS TX 75240 |
Calhoun Colleen | director | 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067 |
Siggi Meissner | officer: President, Eng. & Tech. | 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067 |
Nabors Energy Transition Sponsor Llc | 10 percent owner | 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067 |
Greens Road Energy Llc | 10 percent owner | 515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067 |
Nabors Lux 2 S.a.r.l. | 10 percent owner | 8-10 AVENUE DE LA GARE, LUXEMBOURG CITY N4 L-1610 |
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