ElectroMagnetic GeoServices ASA (OSL:EMGS) Total Current Assets : kr141.91 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is ElectroMagnetic GeoServices ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. ElectroMagnetic GeoServices ASA's total current assets for the quarter that ended in Mar. 2024 was kr141.91 Mil.

ElectroMagnetic GeoServices ASA Total Current Assets Historical Data

The historical data trend for ElectroMagnetic GeoServices ASA'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.

ElectroMagnetic GeoServices ASA Total Current Assets Chart

ElectroMagnetic GeoServices ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Current Assets

Get a 7-Day Free Trial

508.29

229.49

179.99

239.50

166.27

ElectroMagnetic GeoServices ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Assets	Get a 7-Day Free Trial															242.26	210.33	192.98	166.27	141.91

ElectroMagnetic GeoServices ASA 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.

ElectroMagnetic GeoServices ASA'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
	=	108.184	+	13.746	+	42.303	+	2.036
	=	166.27

ElectroMagnetic GeoServices ASA's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	92.155	+	9.222	+	39.116	+	1.412
	=	141.91

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.

ElectroMagnetic GeoServices ASA (OSL:EMGS) 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.

ElectroMagnetic GeoServices ASA's Liquidation Value for the quarter that ended in Mar. 2024 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	92.155	-	301.522	+	0.75 * 3.725	+	0.5 * 39.116
=	-187.02

ElectroMagnetic GeoServices ASA Total Current Assets Related Terms

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

ElectroMagnetic GeoServices ASA (OSL:EMGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ElectroMagnetic GeoServices ASA (OSL:EMGS) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

EMGSo:Sweden E2M:Germany

Address

Karenslyst Alle 4, 4th floor, Oslo, NOR, 0278

Website

https://www.emgs.com

ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. It principally uses electromagnetic survey method to find hydrocarbons in offshore reservoirs. The firm is focused on planning, acquisition, processing, modelling, interpretation, and integration of electromagnetic data. The oil and gas companies, along with other customers of the group, use electromagnetic services to evaluate whether an offshore acreage is viable for commercial production of hydrocarbons. The business operations of the group are carried in Europe, the Middle East and Africa, North and South America, Asia and the Pacific Ocean. It generates revenue from the Contract sales and Multi-client sales.

ElectroMagnetic GeoServices ASA (OSL:EMGS) Headlines

No Headlines