Northland Power (Northland Power) Total Current Assets : $1,078 Mil (As of Dec. 2023)

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What is Northland Power Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Northland Power's total current assets for the quarter that ended in Dec. 2023 was $1,078 Mil.

Northland Power Total Current Assets Historical Data

The historical data trend for Northland Power'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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Northland Power Total Current Assets Chart

Northland Power Annual Data

Trend

Dec14

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Dec19

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Dec21

Dec22

Dec23

Total Current Assets

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971.06

840.57

1,105.23

1,729.08

1,078.34

Northland Power Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Assets	Get a 7-Day Free Trial															1,729.08	1,272.61	1,344.24	1,102.39	1,078.34

Northland Power 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.

Northland Power's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	478.889	+	295.18	+	0	+	304.266
	=	1,078

Northland Power'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
	=	478.889	+	295.18	+	0	+	304.266
	=	1,078

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.

Northland Power (OTCPK:NPIFF) 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.

Northland Power'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)
=	478.889	-	6815.425	+	0.75 * 222.288	+	0.5 * 0
=	-6,170

Northland Power Total Current Assets Related Terms

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Northland Power (Northland Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northland Power Inc (OTCPK:NPIFF) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

1NR:Germany 1NR:Germany NPI.PR.B.PFD:Canada NPI.PR.A.PFD:Canada NPI:Canada

Address

30 St. Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1

Website

https://www.northlandpower.com

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.