ONTRF (Blackrock Oil) Total Current Assets: $0.15 Mil (As of Jun. 2014)


What is Blackrock Oil Total Current Assets?

Blackrock Oil ONTRF Total Current Assets is $0.15 Mil as of Jun. 2014.

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Blackrock Oil's total current assets for the quarter that ended in Jun. 2014 was $0.15 Mil.

Blackrock Oil  (OTCPK:ONTRF) 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.

Blackrock Oil's Liquidation Value for the quarter that ended in Jun. 2014 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0.006-0.139+0.75 * 0.006+0.5 * 0
=-0.13

* 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.

Blackrock Oil Total Current Assets Related Terms

Blackrock Oil Total Current Assets Historical Data

* Premium members only.

The historical data trend for Blackrock Oil'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.

Blackrock Oil Total Current Assets Chart

Blackrock Oil Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Assets
0.29 0.43 0.20 0.17 0.15

Blackrock Oil Semi-Annual Data
Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Assets 0.29 0.43 0.20 0.17 0.15

Blackrock Oil 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.

Blackrock Oil's Total Current Assets for the fiscal year that ended in Jun. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.006+0.146+0+0
=0.15

Blackrock Oil's Total Current Assets for the quarter that ended in Jun. 2014 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=0.006+0.146+0+0
=0.15

* 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 $0.15 Mil mean?
Blackrock Oil (ONTRF) has a Total Current Assets of $0.15 Mil as of Jun. 2014. The total amount of assets with liquidity less than one year as recorded on a company's balance sheet. View historical data for Blackrock Oil and its competitors.
Is Blackrock Oil's Total Current Assets too high?
Blackrock Oil's current Total Current Assets is $0.15 Mil.
How does Blackrock Oil's Total Current Assets compare to WODI and BMMCF?
Blackrock Oil's Total Current Assets of $0.15 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 Blackrock Oil and its competitors. Blackrock Oil's current Total Current Assets is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackrock Oil stock overvalued right now?
Blackrock Oil (ONTRF) has a current Total Current Assets of $0.15 Mil. The current Total Current Assets is $0.15 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 Blackrock Oil (ONTRF), the current Total Current Assets is $0.15 Mil as of Jun. 2014. 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.

Blackrock Oil Business Description

Industry EnergyOil & Gas
Address 255 Duncan Mill Road, Suite 203, Toronto, ON, CAN, M3B 3H9
Blackrock Oil Corp is a development stage company. It is engaged in the acquisition of oil and gas royalties, oil and gas exploration and production business in the Western Canadian Sedimentary Basin.