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Eitzen Chemical ASA (OSTO:ECHEMO) Total Current Assets : kr1,097 Mil (As of Jun. 2020)


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What is Eitzen Chemical ASA Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Eitzen Chemical ASA's total current assets for the quarter that ended in Jun. 2020 was kr1,097 Mil.


Eitzen Chemical ASA Total Current Assets Historical Data

The historical data trend for Eitzen Chemical 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.

Eitzen Chemical ASA Total Current Assets Chart

Eitzen Chemical ASA Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,153.10 1,164.23 1,149.67 884.45 923.50

Eitzen Chemical ASA Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 895.16 975.73 923.50 1,086.70 1,097.23

Eitzen Chemical 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.

Eitzen Chemical ASA's Total Current Assets for the fiscal year that ended in Dec. 2019 is calculated as

Eitzen Chemical ASA's Total Current Assets for the quarter that ended in Jun. 2020 is calculated as

* 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.


Eitzen Chemical ASA  (OSTO:ECHEMO) 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.

Eitzen Chemical ASA's Liquidation Value for the quarter that ended in Jun. 2020 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=641.132-1943.807+0.75 * 356.458+0.5 * 89.734
=-990

* 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.


Eitzen Chemical ASA Total Current Assets Related Terms

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Eitzen Chemical ASA (OSTO:ECHEMO) Business Description

Traded in Other Exchanges
N/A
Address
20 Reid Street, Williams House, 4th Floor, Hamilton, BMU, HM 11
Team Tankers International Ltd is a marine chemical and related products transportation company. It operates through chemical tanker segment and engaged in the transportation of organic chemicals, non-organic chemicals, clean and dirty petroleum products, vegetable oils and lube oils. The geographical area of operation include USA, Europe, Asia, Africa, North America and Oceania of which the USA delivers major revenue for the company.

Eitzen Chemical ASA (OSTO:ECHEMO) Headlines

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